01791cas a2200253 a 4500 AALejournalIMF000378 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848250 1018-5941 BD-DhAAL BD-DhAAL Schinasi, Garry. European Monetary Union and International Capital Markets : Structural Implications and Risks / Garry Schinasi, Alessandro Prati. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (61 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the structural implications of EMU for international capital markets. It discusses the potential size of euro capital markets and the existing roles of European currencies in international capital markets. The paper also examines the euro's impact on international securities markets, including the role of the ECB, the evolution of EMU securities markets, and aspects of systemic risk management. The implications for wholesale and retail banking markets are also discussed, as are the broader implications of the introduction of the euro for changes in international capital flows, international portfolios, and by implication exchange rates. Mode of access: Internet Prati, Alessandro. IMF Working Papers; Working Paper ; No. 1997/062 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/062/001.1997.issue-062-en.xml IMF e-Library