How European Financial Sector Reforms affect Developing Countries
Draft Discussion Paper
This report is part of a project that intends to ensure that the interests of developing countries as well as sustainable development are taken into account when the EU decides on its series of financial sector reforms. By critically analysing major EU financial sector reforms, this report especially aims at identifying where developing country interests and sustainability are at stake, what concerns need to be raised and what remedies could prevent potential problems. The follow-up activities planned under the project include a process to further discuss the concerns raised in this report, and to popularise them with recommendations for change. By exploring potential negative consequences of new EU financial sector laws, the reports does not attempt to provide a full overview of the positive and negative impacts of these laws.
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