Financial integration and European priorities
Paper for the third conference of the Monetary and Stability Foundation, 'Challenges to the financial system –ageing and low Growth'
Jean Pisani-Ferry discusses the fact that Europe's financial integration is significantly more advanced than the integration of products and labour markets. He advocates a more strategic approach to financial sector reforms and an explicit identification of the way in which they can help to alleviate the main constraints on growth or contribute to improving the stability of the euro area.
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