0
Your cart

Your cart is empty

Books > Business & Economics > Economics > International economics > International finance

Buy Now

Financial Intermediation in Europe (Hardcover, 2002 ed.) Loot Price: R3,109
Discovery Miles 31 090
Financial Intermediation in Europe (Hardcover, 2002 ed.): Luke Drago Spajic

Financial Intermediation in Europe (Hardcover, 2002 ed.)

Luke Drago Spajic

 (sign in to rate)
Loot Price R3,109 Discovery Miles 31 090 | Repayment Terms: R291 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

Two items were firmly on the European economic agenda in the 1990s: financial market integration and the creation of a common or single currency. The former was supposed to have been achieved in 1992 (via the Single Market Act, with some derogations), and the latter came into being on January 1, 1999. This study is concerned with a particular connection between the two themes, namely the process of financial intermediation and especially the role of banking. 1.1 Financial & Monetary Integration in Europe Up until the mid-1980s, European financial intermediation was, as else where 'on shore' in the post-war period, broadly characterised by a relatively high degree of diverse regulatory control and with cross-border restrictions (e.g., in the form of exchange controls). This resulted in the administration of interest rates and pegging of prime market yields, as well as restrictions on intermediary specialisation. Hence, it was easy to understand why price c, etition was hardly ever seen. Within this kind of environment, banks and other financial intermediaries (OFIs) competed mainly on non-price terms - for example, through the expansion of branch networks. The Single Market Programme (SMP), l launched in 1986, was in a com plex way intended to level out and open up the domestic markets of the European Union (EU) to competition from entities in other Member States."

General

Imprint: Springer-Verlag New York
Country of origin: United States
Release date: October 2002
First published: 2002
Authors: Luke Drago Spajic
Dimensions: 235 x 155 x 15mm (L x W x T)
Format: Hardcover
Pages: 230
Edition: 2002 ed.
ISBN-13: 978-1-4020-7009-9
Categories: Books > Business & Economics > Economics > International economics > International finance
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Money & Finance > Banking
LSN: 1-4020-7009-8
Barcode: 9781402070099

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Research Handbook of Financial Markets
Refet S. Gürkaynak, Jonathan H. Wright Hardcover R6,707 Discovery Miles 67 070
On the Methodology of…
Kavous Ardalan Hardcover R3,090 Discovery Miles 30 900
Financialisation - Measurement, Driving…
Imad A Moosa Hardcover R2,785 Discovery Miles 27 850
Central Banks and Supervisory…
Robert Holzmann, Fernando Restoy Hardcover R3,074 Discovery Miles 30 740
Islamic Social Finance - Waqf…
Shafinar Ismail, M K Hassan, … Hardcover R2,486 Discovery Miles 24 860
Islamic Finance in Africa - The…
M K Hassan, Aishath Muneeza, … Hardcover R3,702 Discovery Miles 37 020
Handbook of Banking and Finance in…
Duc K. Nguyen Hardcover R9,003 Discovery Miles 90 030
30 Years of Transition in Europe…
Robert Holzmann, Doris Ritzberger-GrĂźnwald, … Hardcover R3,204 Discovery Miles 32 040
A Modern Guide to Financial Shocks and…
Giovanni Ferri, Vincenzo D'Apice Hardcover R4,354 Discovery Miles 43 540
Development Macroeconomics - Alternative…
Basil Oberholzer Hardcover R3,524 Discovery Miles 35 240
Rethinking Wealth and Taxes…
Geoffrey Poitras Hardcover R3,214 Discovery Miles 32 140
Commodity Exchanges - Concepts, Tools…
Issouf Soumare Hardcover R3,212 Discovery Miles 32 120

See more

Partners