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Financial integration in the four Basins: a quantitative comparison

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  • alessandrini, sergio

Abstract

This paper presents some stylized features of the financial integration of the four basin regions (Baltic Sea, Black Sea, Caspian Sea and Mediterranean Sea regions) and discusses the developments, trends and features of the IIP in the regions. Chapter 3 identifies the gaps in them, distinguishing the EU e non-EU members and provides an overview of the asymmetries and the convergence as a result of the financial integration in the different markets. After the review the trends the final chapter points to areas where further efforts are needed for achieving greater regional integration.

Suggested Citation

  • alessandrini, sergio, 2010. "Financial integration in the four Basins: a quantitative comparison," MPRA Paper 26080, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:26080
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    File URL: https://mpra.ub.uni-muenchen.de/26080/1/MPRA_paper_26080.pdf
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    Cited by:

    1. Soumia Zenasni & Abderrezak Benhabib, 2013. "Capital Account Liberalization and Economic Growth in Developing Economies: An Empirical Investigation," Global Financial Markets Working Paper Series 40-2012, Friedrich-Schiller-University Jena.
    2. Soumia Zenasni, 2015. "Recent Trends in Regional Financial Integration and Trade Liberalization in Maghreb Countries: A Multivariate Threshold Autoregressive Analysis," FIW Working Paper series 145, FIW.

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    More about this item

    Keywords

    Financial integration; FDI; Private capital flows; FTA;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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