Fratianni, Michele - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2007
National borders are a big hurdle to the expansion of the open economy. Integration today remains imperfect because … and services from external competition and, consequently, represent a critical exogenous force in the integration process …. While the speed of financial integration suggests currency consolidation and a decline in the ratio of independent monies to …