Synopses & Reviews
This study examines the progress made in integrating the financial markets of the major industrial countries.
Description
Includes bibliographical references (p. 186-193) and index.
Table of Contents
Preface; 1. Determinants of interest differentials: an introduction; 2. The deregulation of national markets; 3. Liberalization of national capital controls; 4. Nominal interest differentials; 5. Exchange rates and interest rates in the European monetary system; 6. Real interest differentials; 7. Progress towards international financial integration.