European Economy. Banks, Regulation, and the Real Sector
European Economy. Banks, Regulation, and the Real Sector
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Giorgio Barba Navaretti, Giacomo Calzolari, Alberto Franco Pozzolo 15 July 2016, voxeu Eurozone countries are facing a stalemate in the completion of the Banking Union, at the heart of which is the regulation of banks’ sovereign exposures. This column...
Giorgio Barba Navaretti By : Giorgio Barba Navaretti Trump’s goal to bring manufacturing jobs back to the US seems to ignore the economic realities and business practices that dominate the global economy. Did Donald Trump’s congressional speech set...
Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their...
By Giorgio Navaretti Donald Trump’s goal to bring manufacturing jobs back to the United States seems to ignore the economic realities and business practices that dominate the global economy. Did Donald Trump’s congressional speech set a new tone to...
LSE Media Policy Project (blog) Fiat Chrysler's story shows that manufacturing can be viable and successful in ... LSE Media Policy Project (blog) Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car...
This section of the journal indicates a few and briefly commented references that a non-expert reader may want to cover to obtain a first informed and broad view of the theme discussed in the current issue. These references are meant to provide an extensive...
Fintech is introducing in the financial landscape new products, new business models, new players. In this paper we elaborate on the relationship between Fintech and banks, bearing in mind that in the past innovation triggered widespread financial instability...
The challenges posed by FinTech to regulation are similar to those raised by financial innovation in general. The first is to identify those areas of the law dealing with each type of Fintech instrument or institution. The second challenge is to establish...
The paper assesses the threat posed by digital banking as seen in the context of a long series of financial and technological innovations in the banking sector. It focuses on the economics of banking services and banks’ two main functions – as providers...
The influence of fintech is beginning to be felt in the banking sector and capital markets. This article surveys its development and its impact on efficiency, banking market structure, strategies of incumbents and entrants, and financial stability. Fintech...
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Removing Privileges for Banks’ Sovereign Exposures – A Proposal - European Economy
The sovereign-bank nexus continues to endanger the stability of the euro area. We present a proposal how to mitigate spillovers of risks from sovereigns to banks. It encompasses risk-based large expos...
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