with J. Adams-Kane and J. Wilhelmus, Milken Institute report, December 2016.
International capital flows and cross-border financial integration remain omnipresent in the European political debate as countries struggle with low and divergent GDP growth, new European financial regulation and the anticipation of Brexit. In such a shifting environment, this report first identifies some of the more recent patterns in the landscape of European gross cross-border investment followed by a closer look at banking and portfolio investments.
