Goyal, Rishi; Brooks, Petya Koeva; Pradhan, Mahmood; … - International Monetary Fund (IMF) - 2013
The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and … costs of a banking union, presents a steady state view of the banking union, elaborates difficult transition issues, and … background technical notes that analyze in depth the various elements of the banking union: a single supervisory framework; a …