Description
Bloomsbury Publishing (UK) The Legal History of the European Banking Union: How European Law Led to the Supranational Integration of the Single Financial Market by Dr Pedro Gustavo Teixeira
How was the Banking Union the most advanced legal and institutional integration in the single market created? This book answers this question by providing a sweeping historical account of European law. It identifies five integration periods of the single financial market intertwined with the development of global finance. Providing a far-reaching explanation of the legal and institutional rationality of the European Banking Union this book demonstrates that the Banking Union is not an accident of history or simply the product of the existential crisis of the Monetary Union. It has deep roots in the evolutionary process of European law and its functional rationality: the drive towards ever more usupranational /uintegration.