Economic Integration and Financial Liberalization

This book looks at the implications of financial liberalization for three southern European countries - Greece, Portugal and Spain. These countries have been carrying out their own financial liberalization and have also to respond to pressures for financial liberalization emanating from EC-wide measures. This book examines the relationship between domestic and international financial liberalization. In particular, it considers the implications for the real economy, for the stability and structure of the financial system and for macroeconomic policy in these countries.