Description: Financial markets in Europe have become increasingly integrated in recent years, leading to a rise in foreign ownership of domestic equities and other assets. This volume brings together ten expert contributions to provide an authoritative analysis of the evolution and implications of foreign ownership in Europe today. In addition to providing new data on the extent of foreign ownership in Europe, the authors analyze some of the major challenges it brings for policy-makers at both the European and the national level.
Brief description: Harry Huizinga is Professor of Economics at the University of Tilburg, Netherlands and former Economic Adviser, Directorate General for Economic and Financial Affairs, European Commission, Brussels (2002-3). He is editor (with S. Eijffinger) of Positive Political Economy: Theory and Evidence (Cambridge 1998).
Review Quotes: 'This wide-ranging volume provides a wealth of information on the economics of foreign ownership in Europe. Required reading for anyone wishing to understand how financial integration is reshaping the European economy.' Philip Lane, Professor of International Macroeconomics, Director IIIS, Trinity College Dublin