Author: Miroslav N.Jovanovic
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
The Economics of European Integration
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There is also the added complication of general public suspicion about the EU and a number of its projects. With this in mind, this textbook looks at the origin, development and potential limits and prospects of the process of European integration by considering the principal EU economic policies. The book also discusses topics such as foreign direct investment, transnational corporations and the location of firms and industries. The complex material is presented in a reader-friendly way, yet underpinned by a sound theoretical framework and revealing examples. This accessible and approachable text is aimed at upper level students in the fields of European studies, economics – particularly international economics, business studies, international relations and economic geography.
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