The Problems with Market-Based Finance and the Risks Emerging from the EU Capital Markets Union

Courtesy of Vincenzo Bavoso In my recent article published in Convivium, titled Market-Based Finance, Debt and Systemic Risk: A Critique of the EU Capital Markets Union, I addressed the question of whether fully integrated capital markets across the European Union (under the EU Capital Markets Union – CMU) can facilitate economic growth and stability, or […]