The European Conununity, (EC), is moving closer and closer to full economic integration. There is general agreement that the economic integration of these countries will have major sectoral and national impacts. One sector that will be affected is the banking sector. The banking sector, or the financial sector in general, is extremely important; the efficiency of that sector, in its role as intermediary, is crucial to the efficiency of the economy as a wnole.
Munson '94, Heidi M., "The Integration of Banking Systems in the EC" (1994). Honors Projects. 50.