FINANCIAL INTEGRATION IN THE FOUR BASINS: A QUANTITATIVE COMPARISON

  • Sergio ALESSANDRINI University of Modena and Reggio Emilia, Italy
  • Elisa VALERIANI University of Modena and Reggio Emilia, Italy

Abstract




The intention of the following paper is to present some stylized features of the financial integration of the four basin regions composed by the Baltic Sea, Black Sea, Caspian Sea and Mediterranean Sea regions. It discusses the developments, trends and features of the International Investment Position (IIP) in the regions. Using volume based indicators we compare and identify the gaps in them, whilst distinguishing between the EU e non-EU members and providing an overview of the asymmetries and the convergence as a result of the integration in the different financial markets. After reviewing the trends, the final chapter points to those areas that need further efforts to achieve greater regional integration.




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Published
2010-12-31
How to Cite
ALESSANDRINI, Sergio; VALERIANI, Elisa. FINANCIAL INTEGRATION IN THE FOUR BASINS: A QUANTITATIVE COMPARISON. Theoretical and Practical Research in Economic Fields, [S.l.], v. 1, n. 2, p. 147 - 166, dec. 2010. ISSN 2068-7710. Available at: <https://journals.aserspublishing.eu/tpref/article/view/7226>. Date accessed: 16 may 2024.
Citation Formats
Issue
Vol 1 No 2 (2010): TPREF, Volume I, Issue 2(2), Winter 2010
Section
Articles

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