1.
The role of the Capital Markets Union: towards regulatory harmonisation and supervisory convergence
(Sérgio Coimbra Henriques/Essay)
(Sérgio Coimbra Henriques/Essay)
... It contains an analysis of material generated in in-depth interviews. The Capital Markets Union (CMU) initiative serves as an umbrella term for regulatory changes directed at the overall development of ...
2.
Eurocrisis and the myths of European redistribution: illegitimate, unsustainable, inefficient?
(Francesco Nicoli/Essay)
(Francesco Nicoli/Essay)
... it produces a moral-hazard scheme where endogenous incentives to reform (otherwise known as “market pressure”) are artificially removed. Second stands the “Myth of the Efficient Markets”: it is believed ...
... euro mainly concerns the second dimensions and that it marks the peak in the contradiction between the success of the European market (compared with the division in national markets) and the failure of ...