Competition and Stability in Concentrated Financial Systems : Key Considerations from a Policy-Making Perspective

Lingua: inglese

Editore: LAP LAMBERT Academic Publishing, 2020

620053358X / 9786200533586

Da: AHA-BUCH GmbH, Einbeck, GermaniaAHA-BUCH GmbH

Venditore con 5 stelle

Venditore AbeBooks dal 14 agosto 2006

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Descrizione dell’articolo da parte del venditore

nach der Bestellung gedruckt Neuware - Printed after ordering - Many financial systems are overly concentrated with a few major banks dominating. This was long considered a necessary evil to ensure stability. It turns out that this is not true, as concentration is a main cause of systemic risk. More importantly, the end users of the financial system are paying a heavy price for this concentration. Large banks have market and pricing power and the financial systems are not nearly competitive enough. As a result, products and services are over priced, not differentiated, nor transparent. Switching providers, necessary for a competitive system, is still not easy with large banks controlling the client relationships. Big tech companies moving into financial services may not increase competition either as they can dominate as opposed to diversify and further increase systemic risk. A better solution is to develop a secure and well-regulated Open Banking system and increase the number of smaller banks without creating systemic risk, but there are formidable barriers. As increasing competition is on the agenda of policy-makers, this book discusses key considerations with deep dives in two heavily concentrated financial systems, Canada and Australia.…

Codice articolo 9786200533586

Titolo
Competition and Stability in Concentrated Financial Systems : Key Considerations from a Policy-Making Perspective
Autore
Bogie Ozdemir
Editore
LAP LAMBERT Academic Publishing
Anno di pubblicazione
2020
Condizione
Neu
Rilegatura
Taschenbuch
Lingua
inglese
ISBN 10
620053358X
ISBN 13
9786200533586
Peso dell'articolo
113 grammi
Dimensioni
220x150x5 mm

AHA-BUCH GmbH

Einbeck, Germania

Venditore con 5 stelle

Venditore AbeBooks dal 14 agosto 2006

Tariffe di spedizione da Germania a U.S.A.

ArticoloDa 7 a 10 giorni lavorativiDa 5 a 7 giorni lavorativi
Primo articoloEUR 35,00EUR 45,00
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