Strategic conversations on
the euro at the vanguard of global integration

ISBN 2-907587-01-3

 On the eve of the euro, in a spirit of open intellectuel dialogue, this book explores the strategic agenda and the complex dynamics behind the single currency.

"Strategic conversations" bring together PROMETHEE and Ernst & Young hosts with eminent guests from the world of European stock exchanges (Part I), global financial networks (Part II) and major banks (Part III) to discuss the implications of the euro for European and global capital markets.

In co-operation with Eurostat, Part IV provides statistics on the convergence process catalysed by the euro as well as conceptual tools to understand the new combinations of interdependance and governance reshaping globalization.

Strategic interconnection among exchanges, competition with London and New York, the rise of an equity culture and its role in promoting entrepreneurship, the shift from country-risks to a broader gamut of credit-risks, implications for asset managers and for policy makers... such are some of the headlines in this stimulating exchanges of views.

The research and discussion process behind this book has been directed by Albert Bressand, Ph.D., managing director of PROMETHEE, in cooperation with Ivan Wagner, chairman of the international Banking Financial Services group of Ernst & Young.

Edited by
Albert Bressand
Forewords by:
Jacques Santer and Rolf-E. Breuer
With the participation of:
ABN AMRO Bank N.V. (Dolf Van den Brink, Member of the Managing Board), Amsterdam Exchanges, N.V. (George Möller, Chairman & President), Cedel Bank (Thomas Rabe, André Lussi, CEO), Deutsche Bank, Deutsche Börse AG (Werner Seifert, CEO), Euroclear (Luc Bomans, Managing Director & General Manager), European Investment Bank (René Karsenti, Director Gneral of Finance), Eurostat (Yves Franchet, Director General of Eurostat), MATIF SA (Gérard Pfauwadel, Chairman & CEO), REUTERS Holdings PLC (André Villeneuve, Executive Director), SBF - Bourse de Paris (Jean-François Théodore, Chairman & CEO), Société Générale Asset Management (Philippe Collas, CEO), SWX Swiss Exchange (Jörg Fischer, President), Eurex

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