The Banking Industry in the Nineties: Do Emerging Trends Challenge The Theory?

Joël Métais

Chapter Chapter 2 in The Recent Evolution of Financial Systems, 1997, pp 16-32 from Palgrave Macmillan

Abstract: Abstract The history of economics provides us with many examples of facts challenging the current state of theoretical understanding, thus inducing significant and rapid progress of the theory; we may have been experiencing such a situation for the past fifteen years in the area of banking. After half a century of a rather ‘quiet life’, banking and finance indeed entered a tremendous period in most countries and at the international level, which has sometimes been qualified as a true financial revolution. Bankers, economists and policy-makers have been so puzzled by such radical change that some of them have come to question the mere survival of banks in the not so distant future whereas others lament that it has become a declining industry1.

Keywords: Banking Industry; Commercial Bank; Banking Sector; Financial Intermediation; Saving Bank (search for similar items in EconPapers)
Date: 1997
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14192-0_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349141920

DOI: 10.1007/978-1-349-14192-0_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().