00930nam a2200097Ia 450000500170000010000210001724500820003826000090012052006840012958300190081320260716043426.0  aFitzgerald, E.V.  aFinancial integration : the European experience and lessons for Latin America  c1997  aExamines the progress made since 1985 in creating a Single European Market in financial services.  Draws two central lessons for Latin America from the European experience: first, that the contracting parties should collectively decide upon clear stategic objectives for financial-services integration, including economic development and global competitivenenss on the one hand and on the other the relationship with its and other international regulation authorities; and second, that effective implementation will require parallel fiscal and banking reforms, a commitment to macroeconomic and monetary coordination, and specific support for the less-developed member countries.  c8/16/01kJOY_D