The rise of a crisis-prone banking sector and its political power has received significant attention following the most recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large, unstable banks. Excessive banking activity arose...

Through Bruegel's role on the Monetary Experts Panel for the European Parliament's Committee on Economic and Monetary Affairs, Bruegel scholars contributed to the Committee's Monetary Dialogue with the European Central Bank meeting on 28 September. In this briefing paper for the Panel, Director...

This Study is based on the 8th SUERF Lecture given by Alexandre Lamfalussy. Professor Lamfalussy has a long association with SUERF since its creation in 1963. In July 2000 the ECOFIN established the Committee of Wise Men on the Regulation of European Securities Markets under the chairmanship of...