The Euromarkets After 1992

preview-18
  • The Euromarkets After 1992 Book Detail

  • Author : Richard M. Levich
  • Release Date : 1989
  • Publisher :
  • Genre : Banks and banking, International
  • Pages : 64
  • ISBN 13 :
  • File Size : 95,95 MB

The Euromarkets After 1992 by Richard M. Levich PDF Summary

Book Description: Over the last three decades, differential national regulation in conjunction with increasing capital mobility has given rise to tremendous growth in the Eurocurrency markets. In this paper, we analyze whether the announced plans of the European Commuission to remove barriers to capital flows (in July 1990) and to harmonize other financial regulations (by the end of 1992) will have a major effect on the Euromarkets. The analysis in this paper revolves around the concept of the Net Reguatory Burden (NRB). Three variables will play a crucial role for the developnent of the Euronarkets after 1992. These are (1) reserve requirements on bank deposits, (2) taxation of residents and non-residents on interest income, dividends and capital gains, and (3) disclosure of interest and dividends to tax authorities. Presently there is considerable variation in these factors across Europe. Competitive pressures should lead to a convergence of regulation, but national sovereignty leaves open the possibility for sone divergence of the NRB across European countries, and in comparison with other financial centers such as Switzerland. These differences in NRB will play a key role in determining the location and size of Euromarkets after 1992.

Disclaimer: www.yourbookbest.com does not own The Euromarkets After 1992 books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Euromarkets After 1992

The Euromarkets After 1992

File Size : 96,96 MB
Total View : 4303 Views
DOWNLOAD

Over the last three decades, differential national regulation in conjunction with increasing capital mobility has given rise to tremendous growth in the Eurocur

European Markets After 1992

European Markets After 1992

File Size : 24,24 MB
Total View : 6419 Views
DOWNLOAD

The creation of a single European market in 1992 ushers in an age of unprecedented European economic co-operation. From the economic pressures that created the

Financial Management in Post-1992 Europe

Financial Management in Post-1992 Europe

File Size : 47,47 MB
Total View : 7376 Views
DOWNLOAD

Here is a new book that enhances understanding of European financial management issues and the way they relate to the U.S. economy. Financial Management in Post