Publications in: Finance

From Shadow to Formal Economy: Levelling the Playing Field in the Single Market

Client:European Parliament
Published:June, 2013

Presentation of Study to the Committee on the Internal Market and Consumer Protection, 27 June 2013, Brussels

Study on Means to Protect Consumers in Financial Difficulty: Personal Bankruptcy, Datio in Solutum of Mortgages, and Restrictions on Debt Collection Abusive Practices

Client:Financial Services User Group via DG Internal Market and Services
Published:April, 2013

Commissioned on behalf of the Financial Services Users Group by DG Internal Market and Services, and authored by London Economics, this report examines all formal debt reduction solutions which allow consumers to return to a financially sustainable path by eliminating some or all of their debts, including providing a comprehensive description of: the availability and […]

Non-bank Financial Institutions: Assessment of Their Impact on the Stability of the Financial System

Client:N/A
Published:November, 2012

The study examines how non-bank financial institutions (in particular money market funds, private equity firms, hedge funds, pension funds, insurance undertakings and central counterparties; and UCITS and ETFs) had performed over the last decade and during the financial crisis. The report addresses the risks run by each of this type of institutions (credit, counterparty, liquidity, […]

Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part I: Recent Developments

Client:EC DG Internal Market and Services
Published:November, 2012

The study examines recent trends in FDI and capital movements. Overall, the recovery in world-wide FDI witnessed in 2010 continued in 2011, after the sharp decline in the period 2007-09. In 2011, the level of worldwide inward FDI reached €1.1 trillion, increasing by 10.9% from its level in 2010. However, the 2011 level is still […]

Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part II: The EU, the BRICs and Other Emerging Economies

Client:EC DG Internal Market and Services
Published:November, 2012

The study looks more closely into the evolution of FDI between the EU and the BRICs, considering where the EU’s position and prospects are, both as origin and as destination for BRIC FDI. Global investment trends show that over the past 15 years the BRICs, as well as other emerging economies, have become increasingly important […]

The Impact of State Guarantees on Banks’ Debt Issuing Costs, Lending and Funding Policy

Client:N/A
Published:February, 2012

This study investigates the effectiveness of state guarantee schemes and ad hoc guarantees given to banks over 2008-10. The study analyses the market value of state guarantees as reflected in the costs banks faced in raising funds on wholesale financial markets and whether state guarantees influenced the funding and (ultimately) lending behaviour of banks. The […]

Basic Banking Services

Client:European Parliament
Published:January, 2012

Presentation to the European Parliament by London Economics.

Basic Banking Services

Client:European Parliament
Published:December, 2011

This briefing paper examines the current state of play in the access to basic banking services, as well as the expected benefits of providing such access for citizens as well as for cross-border trade, in particular e-commerce. It also identifies the banking services that would ideally be covered by any initiative and the main hurdles […]

Analysis of Developments in the Fields of Direct Investment and M&A (mergers and Acquisitions) – Part II

Client:EC DG Internal Market
Published:November, 2011

This report consists of three papers providing analyses of topics relevant to foreign direct investment: bilateral investment treaties, a financial transactions tax and investment screening mechanisms. Bilateral investment treaties An empirical analysis of the influence bilateral investment treaties (BITs) on the pattern of FDI flows in the EU was carried out. A gravity model of […]

Analysis of Developments in the Fields of Direct Investment and M&A (mergers and Acquisitions) – Part I

Client:N/A
Published:November, 2011

This report provides a comprehensive analysis of developments in the fields of direct investment and M&A in 2010-11. This includes a descriptive analysis of inward and outward FDI stocks and flows (including FDI resulting from M&A activity) within the EU and between the EU and third countries, by sector, type of FDI, etc. Major factors […]