www.bankofgreece.gr/BoGAttachments/Inter_NomPol2017.pdf Masuch, K., Moshammer, E. and Pierluigi, B. (2016): Institutions and Growth in Europe”, CEPS Working Document No 421. OECD, 2016, Greece, OECD Economic Surveys, Paris. Stournaras, Y. (2017b), “The Greek economy: Prospects and main challenges”, Speech at the 2nd EU-Arab World Summit, Athens, 10 November. www.bankofgreece.gr/Pages/en/Bank/News/Speeches/DispItem.aspx? Item_ID=482&List_ID=b2e9402e-db05–4166–9f09-e1b26a1c6f1b Stournaras, Y.
Obviously the whole phenomenon of financial liberalization is very multi-faceted, ranging from integration of offshore and onshore currency markets to development of China’s own capital markets and to issues of international finance. All of these areas are important, and they are also potential sources of financial instability, if things do not go as well as is now planned.