Faull Jonathan, Gleeson Simon, (2019), “What’s Next for Europe’s Capital Markets?“, Project Syndicate, July
When the United Kingdom eventually leaves the European Union – assuming it does – it will take Europe’s biggest capital market with it. The loss of the City of London could drive the EU’s 27 remaining members to pursue an inward-looking strategy for managing their capital markets. But, as we argue in a new policy brief for the Centre for European Reform, the EU27 would be far better off keeping those markets open to – and, indeed, integrated with – London and the rest of the world.
Relevant Posts
- Christie, Rebecca, (2019), “Brexit banking exodus creates a dilemma for Dublin“, Bruegel.org, July
- Vickers, John (2019), “The case for market-based stress tests“, VOX CEPR Policy Portal, June
- ECB, (2019), “Eurosystem staff macroeconomic projections for the euro area”, June
- Huizing, Harry and Laeven Luc (2019), «The procyclicality of banking in the euro area«, VOX CEPR Policy Portal, May