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Opening Up Financial Markets: the Belgian Perspective

In: Tax Harmonization and Financial Liberalization in Europe

Author

Listed:
  • Olivier Lefebvre

Abstract

This paper is divided into four sections. The first section will outline the major characteristics of the Belgian financial markets in order to give some basic background necessary to understand the specific issues in Belgium. The second section will focus on some of the major challenges that Belgium has to face relative to the opening up of financial markets. The third section presents the probable course of action that the major market participants, and particularly the authorities, are likely to take. Two final considerations are discussed in the fourth section. As in these questions one has to deal with the macro and the microeconomic levels, both levels will be addressed, but the focus will be on the microeconomic issues, being the most relevant ones.

Suggested Citation

  • Olivier Lefebvre, 1992. "Opening Up Financial Markets: the Belgian Perspective," Palgrave Macmillan Books, in: Georg Winckler (ed.), Tax Harmonization and Financial Liberalization in Europe, chapter 13, pages 167-176, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22008-3_13
    DOI: 10.1007/978-1-349-22008-3_13
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