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The website of the Directorate General for Economic and Financial Affairs has moved.

You will find all publications issued after July 2015 on the new web presence.

Financial Market Integration, Corporate Financing and Economic Growth

Author(s): Mariassunta Giannetti, Luigi Guiso, Tullio Jappelli, Mario Padula and Marco Pagano

Financial Market Integration, Corporate Financing and Economic Growth - Mariassunta Giannetti, Luigi Guiso, Tullio Jappelli, Mario Padula and Marco Pagano pdf (501 kB) Choose translations of the previous link 

This study provides a thorough assessment of the likely effects of financial market integration on the ability of European countries to grow faster and on how the possible benefits will be distributed among the Community countries and industries. It achieves several conclusions strongly supportive of the idea that promoting financial market integration is an important step in promoting economic growth in Europe.
(European Economy. Economic Papers 179. November 2002. Brussels. 82pp. Tab. Free.)

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