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The Competitiveness of Financial Institutions and Centres in Europe (Hardcover, 1994 ed.)
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The Competitiveness of Financial Institutions and Centres in Europe (Hardcover, 1994 ed.)
Series: Financial and Monetary Policy Studies, 28
Expected to ship within 10 - 15 working days
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The Competitiveness of Financial Institutions and Centers in Europe
addresses key questions facing European financial markets today. It
relates to the dramatic increase in competition between financial
centres and institutions under the influence of several factors --
the effect of innovation in financial products and technological
processes, widespread deregulation and associated re-regulation
(prudential rules), the implementation of the single market in
Europe and the new strategies of institutions and national
financial centres facing more competitive conditions. Major
subjects include the transfer of fragility from the real economy to
the financial sector, and vice versa, through such channels as
booming financial activities, intense competition and greater
risks, as in property lending, and also the more cautious policies
adopted by financial intermediaries in response to losses in the
recent recession. The papers were contributed by members of
universities, the private financial sector, national and
international policy making communities, and presented at the 18th
Colloquium of the SociA(c)tA(c) Universitaire EuropA(c)enne de
Recherches FinanciA]res, in Dublin, May 1994. They will be of
central importance to policy makers, bankers, financial executives
and academics.
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