The Unified European Banking Market and the Convergence of National Banking Sectors

Elisabetta Montanaro, Claudio Scala and Mario Tonveronachi

Chapter 7 in Bank Strategies and Challenges in the New Europe, 2001, pp 106-138 from Palgrave Macmillan

Abstract: Abstract The rationale for public regulation springs from the need to overcome the more severe effects of some form of market failures. However, regulation is costly and may produce unwanted negative side effects. A public framework of regulatory measures needs to be justified on the ground of net gains for the community.

Keywords: Market Power; Banking System; Banking Sector; International Financial Statistics; European Banking (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-99276-0_7

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DOI: 10.1057/9780333992760_7

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