Financial Market Integration and Growth

Structural Change and Economic Dynamics in the European Union

  • Paul J.J. Welfens
  • Cillian Ryan

About this book


Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.


Economic Growth European Integration Financial Market Integration Financial Markets Globalization

Editors and affiliations

  • Paul J.J. Welfens
    • 1
  • Cillian Ryan
    • 2
  1. 1.Europäisches Institut für Internationale, Wirtschaftsbeziehungen (EIIW) e.V.Bergische Universität WuppertalWuppertalGermany
  2. 2.Dept. EconomicsUniversity of BirminghamBirminghamUnited Kingdom

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2011
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-16273-2
  • Online ISBN 978-3-642-16274-9
  • Buy this book on publisher's site