Opinion and Discussion Group on Political Economy

Strategic lines of work

EuropeG bases its activity on three broad lines of analysis.

RECENT PUBLICATIONS

News not avaliable in English

You can consult Noticias en Español

Policy Brief (eng)

pdf

19.- The Capital Markets Union in light of Next Generation EU

In the comparative analysis of financial systems, there is a widely held theory that the European (and, in particular, the Spanish) system displays a clear predominance of bank intermediation as the primary mechanism for financing economic activity, compared to the Anglo-Saxon (and, in particular, the US) model, in which capital markets play a far greater role in such financing.Based on this insight, the European institutional framework is clearly in favour of diversifying the sources of business finance, to reduce the excessive banking bias that currently prevails, especially in the eurozone. Along the same lines, many commentators are absolutely convinced that the different configuration of financing in the United States is one of the reasons for the country’s greater business dynamism and innovative mindset compared to Europe. This is obviously not the only reason, with the lower rate of entrepreneurship in Europe being another key factor.
Size: 1.23 MB
Hits: 13
1 2 3 19

Documents not avaliable in English

You can consult Documentos de trabajo in Spanish

SEE ALL THE PUBLICATIONS AND COMMUNICATIONS OF THE GROUP

Policy Brief's

They are the summary documents that express the opinion and position of the Group regarding the issues that constitute the topics of debate of the permanent seminar. Quarterly.

Documents

Documents complementary to the presentation of the Policy Briefs and to the group meetings held with experts from academia, business, policy makers and the media.

Press releases

Press releases corresponding to the presentation of the prepared Policy Briefs and other activities.

With the support of