Should this remain so, the borders of the banking union would slice across our current, closely integrated financial markets in the Nordic countries. This raises the question how this level of financial integration can be sustained if the institutional supervisory and crisis resolution arrangements remain separate?
Journal of International Money and Finance, 31(1), 42-59. Bernanke, B. S. (2005). The global saving glut and the US current account deficit (No. 77). Sandridge Lecture, Virginia Association of Economists. BoE. (2017) Inflation Report. May 2017. Bank of England Brynjolfsson, E., & McAfee, A. (2014). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. WW Norton & Company.