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Continental Shift: The Securitization of Europe

Robert C. Pozen
Foreign Affairs
Vol. 80, No. 3 (May - Jun., 2001), pp. 9-14
DOI: 10.2307/20050147
Stable URL: http://www.jstor.org/stable/20050147
Page Count: 6
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Continental Shift: The Securitization of Europe
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Abstract

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.

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