The Internationalisation of Asset Ownership in Europe. This item is unavailable.The Internationalisation of Asset Ownership in Europe

Financial markets in Europe have become increasingly integrated in recent years, leading to a rise in foreign ownership of domestic equities and other assets. This volume brings together ten expert contributions to provide an authoritative analysis of the evolution and implications of foreign ownership in Europe today. In addition to providing new data on the extent of foreign ownership in Europe, the authors analyse some of the major challenges it brings for policy-makers at both the European and the national level. Part I looks at the legal framework for foreign ownership and for cross-border mergers and acquisitions. Part II explores important aspects of the economic impact of foreign ownership, including taxation and labour market outcomes, from a European perspective. The volume concludes with four in-depth country studies that focus on the process of internationalisation of assets in Finland, Italy, Sweden and the UK.

Harry Huizinga is Professor of Economics at the University of Tilburg, Netherlands and former Economic Adviser, Directorate General for Economic and Financial Affairs, European Commission, Brussels (2002-3). He is editor (with S. Eijffinger) of Positive Political Economy: Theory and Evidence (Cambridge 1998).

Lars Jonung is Professor and Research Adviser, Directorate General for Economic and Financial Affairs, European Commission, Brussels. He is former Professor in Economics at the Stockholm School of Economics, Sweden, and Chief Economic Adviser to Prime Minister Carl Bildt (1992-94). He has published numerous books both as editor and author including The Stockholm School of Economics Revisited, (Cambridge 1991), and Lessons for EMU from the History of Monetary Unions (with M. D. Bordo, IEA 2000).