Banking Union as a Shock Absorber: Lessons for the Eurozone from the US

Banking Union as a Shock Absorber: Lessons for the Eurozone from the US

by Ansgar Belke (Author), Daniel Gros (Author)

Synopsis

This study investigates the shock-absorbing properties of a banking union. It makes a detailed comparison between the way in which banking unions have absorbed regional financial shock at the federal level in the USA, but have led to severe regional (national) financial dislocation and tensions in Europe, particularly within the Eurozone.

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More Information

Format: Paperback
Pages: 98
Publisher: Rowman & Littlefield International/Centre for European Policy Studies
Published: 14 Dec 2015

ISBN 10: 1783485957
ISBN 13: 9781783485956