Charles Kindleberger once described international financial crises as an “evergreenâ€. Indeed, looking back over the last 400 years it is hard not to get a sense of their regularity or invincible fate. However, the current structural market transformations taking place in the wake of...

Charles Kindleberger once described international financial crises as an “evergreenâ€. Indeed, looking back over the last 400 years it is hard not to get a sense of their regularity or invincible fate. However, the current structural market transformations taking place in the wake of...

The Italian financial system is in a transition period searching for an effective compromise between German-style universal banking and the Anglo-American market-oriented system. This was stimulated by the European Community directives and the modernisation of the Italian finance market. The...

The 'Modus Operandi' of Italian monetary policy which relies on market-based control was radically changed in the '80s and '90s. However, changes still have to be initiated with relation to the banks' compulsory reserve deposits. The Bank of Italy must also be in step with European standards if...

The Italian financial system is in a transition period searching for an effective compromise between German-style universal banking and the Anglo-American market-oriented system. This was stimulated by the European Community directives and the modernisation of the Italian finance market. The...

The 'Modus Operandi' of Italian monetary policy which relies on market-based control was radically changed in the '80s and '90s. However, changes still have to be initiated with relation to the banks' compulsory reserve deposits. The Bank of Italy must also be in step with European standards if...

Recent progress towards the construction of the European Union slowed down a little with the exchange rate problems of 1992 and 1993. Central elements in the construction strategy are extending the internal market and building institutions with government functions at the supranational level. A...

Recent progress towards the construction of the European Union slowed down a little with the exchange rate problems of 1992 and 1993. Central elements in the construction strategy are extending the internal market and building institutions with government functions at the supranational level. A...