MAP20071030538Albert, MichelInsurance and the euro / by Michel Albert and Patrick LefasSumario: Three main arguments are now commonly accepted: EMU means a shield against inflation and exchange risks which is the best protection for savings; the second argument is that the convergence criteria require an adaptation of the Welfare State to reduce public deficits, and accordingly open new opportunities for business in health-care insurance, occupational pension schemes or dependency benefits; the third main argument in favor of the single currency is that EMU creates the possibility to achieve economies of scale that the single market up to now has failed to bring -- The tidy preparation of the insurance companies to the changeover to the euro -- The asset management revolution -- The single market and the euroEn: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/07/1998 Número 88 1998 1. Euro. 2. Seguros. 3. Unión Europea. 4. Unión monetaria. 5. Convergencia económica. 6. Mercado de seguros. 7. Mercado único europeo. 8. Mercados financieros. I. Lefas, Patrick. II. Título. III. Título: The Geneva papers on risk and insurance.
