Banking Union as a Shock Absorber: Lessons for the Eurozone from the US

by Daniel Gros (Author), Ansgar Belke (Author)
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This study investigates the shock-absorbing properties of a banking union. It makes a detailed comparison between the way in which banking unions have absorbed regional financial shock at the federal level in the USA, but have led to severe regional (national) financial dislocation and tensions in Europe, particularly within the Eurozone.

Book details

Publication date
December 16, 2015
Publisher
Page count
98
ISBN
9781783485963
Paper ISBN
9781783485949