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Continental Shift: The Securitization of Europe
Robert C. Pozen
Vol. 80, No. 3 (May - Jun., 2001), pp. 9-14
Published by: Council on Foreign Relations
Stable URL: http://www.jstor.org/stable/20050147
Page Count: 6
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The world of European finance is changing dramatically: capital markets are displacing banks as both savings vehicles and sources of corporate finance. This shift, along with the growing integration of Europe's financial markets, could create promising new opportunities for investors around the globe.
Foreign Affairs © 2001 Council on Foreign Relations