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The Impact of European Financial Integration on Economic Growth

In: New Issues in Financial and Credit Markets

Author

Listed:
  • Juan Fernández Guevara
  • Joaquín Maudos

Abstract

The international financial crisis that started in the summer of 2007 with the sub-prime crisis in the US, and became more widespread in the summer of 2008, triggered a dramatic decline in financial market activity. Once the financial turmoil exploded, it spread rapidly to the rest of the economy, having a virulent impact. Many of the economies around the world are witnessing one of the worst recessions since the 1929 crash and the Great Depression of the 1930s.

Suggested Citation

  • Juan Fernández Guevara & Joaquín Maudos, 2010. "The Impact of European Financial Integration on Economic Growth," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Franco Fiordelisi & Philip Molyneux & Daniele Previati (ed.), New Issues in Financial and Credit Markets, chapter 3, pages 41-52, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-30218-1_4
    DOI: 10.1057/9780230302181_4
    as

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