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London and Paris as International Financial Centres in the Twentieth Century$
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Youssef Cassis and Eric Bussière

Print publication date: 2005

Print ISBN-13: 9780199269495

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269495.001.0001

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The Future of the Paris Market as an International Financial Centre from the Point of View of European Integration

The Future of the Paris Market as an International Financial Centre from the Point of View of European Integration

Chapter:
(p.313) 15 The Future of the Paris Market as an International Financial Centre from the Point of View of European Integration
Source:
London and Paris as International Financial Centres in the Twentieth Century
Author(s):

André Straus

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199269495.003.0015

Trends over the last half century in particular have shown that Paris has been able to exist as a financial centre only when its financial market has been vigorous, which has clearly been a necessary but not always a sufficient condition. The future of the Paris market can be seen in terms of its ability to play a leading role in continental Europe. But this will only be possible through alliances with other markets.

Keywords:   financial markets, market economy, Paris Bourse, international competition

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