ABSTRACT
Adapting to the demands of financial globalisation is currently one of the most pressing preoccupations of bankers, financial institutions and financial authorities. Many aspects of this issue are addressed in this volume, based on a colloquium held in Vienna in April 2000 by the Société Universitaire Européene de Rechèrches Financières (SUERF) jointly with the Austrian National Bank.
Individual chapters, written by academics, central bankers and market professionals, focus on the strategic implications of global pressures which are tending to eradicate the previously clear boundaries of time, distance, legal frameworks, culture, languages and currencies.
TABLE OF CONTENTS
chapter 6|24 pages
Fiscal discipline and exchange rate regimes: a case for currency boards? ENRIQUE ALBE RO L A - ILA AND LU I S MOLINA SANCHEZ
Enrique Alberola-Ila and Luis Molina Sanchez
chapter 9|31 pages
Financial stability in the euro area: some lessons from US financial history
E . PHILIP DAV I S
chapter 10|35 pages
Strategies developed by Spanish banks for adapting to financial globalisation: mergers, acquisitions and other strategies
Ignacio Fuentes Egusquiza and
chapter 15|41 pages
Impact of globalization on efficiency in the European banking industry: what can we learn from the cost to income ratio?
Peter Van Dijcke
