Instability of Finance : Lessons from European Integration

In the context of financial integration in the European Union, this book - the third in this series, edited by Nobel Laureate Robert Solow - examines precisely how the rules governing finance are constructed, how they are interpreted and how they are challenged. It demonstrates that in times of crisis, the instability of their foundations is clearly exposed. Drawing on the series of crises that unfolded at the end of the 20th century, world-renowned specialists come together to analyze the process of contemporary integration. The discussions are centered around: rationality hypotheses in finance; banking consolidation; the evolution of financial techniques; the Europeanization of monetary policy; the systemic risk; and suggesting a blueprint for new financial markets in Euroland.Touffut, Jean-Philippe is the author of 'Instability of Finance : Lessons from European Integration', published 2005 under ISBN 9781843767596 and ISBN 1843767597.