Abstract
There is a broad belief that integration in the financial sector is lagging behind the integration of other economic sectors within the EU. That situation is seen as detrimental to economic growth. Recent research points to the fact that fully integrated financial markets would lower costs and increase EU GDP by more than one percent, which is significant. Given the ambitious Lisbon agenda, it is clear that action has to be taken to boost financial integration. But the problem was, and remains, how to decide on the political priorities for achieving optimal integration.
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© 2007 Springer-Verlag Berlin Heidelberg
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van den Spiegel, F. (2007). Banking, Financial Market Structures and Growth in the EU Single Market. In: Tilly, R., Welfens, P., Heise, M. (eds) 50 Years of EU Economic Dynamics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74055-1_9
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DOI: https://doi.org/10.1007/978-3-540-74055-1_9
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-74054-4
Online ISBN: 978-3-540-74055-1
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