Europe’s changing financial landscape: Recent developments and prospects

Series of papers presented at the 2003 EIB Conference on Economics and Finance, Luxembourg, 23 January 2003, aimed at reviewing Europe's changing financial landscape and the policy challenges arising from this. The papers in this volume are as follows: The transformation of finance in Europe: introduction and overview (Eric Perée and Armin Riess).

Stock markets, banks, and economic development: theory and evidence (Thorsten Beck); The role and development of EU capital markets (Graham Bishop); Institutional investors, financial market efficiency, and financial stability (E. Philip Davis); Restructuring in the banking industry with implications for Europe (Arnoud Boot). A separate volume, Vol.8, No.2, 2003, publishes further papers under the theme: The financing of small and medium-sized enterprises'.