El sector financiero en el País Vasco. ¿Hay espacio para un cluster financiero regional?

Mikel Larreina and Fernando Gómez-Bezares Pascual
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Fernando Gómez-Bezares Pascual: Universidad de Deusto

EKONOMIAZ. Revista vasca de Economía, 2007, vol. 66, issue 03, 52-81

Abstract: Financial services have been a key factor for economic development within the Basque region since the mid XIX century. Since the 80`s the financial services industry has experienced a major transformation, in which now there are few financial players who have concentrated their finance activities and provide these services worldwide. In this context, is it still possible for a peripheral region to develop a financial cluster? Can the Basque Country hold a role in the European financial landscape? This paper provides a thorough survey of these questions. The Scottish case is studied as being a possible model for future Basque financial sector evolution, the analysis gives an encouraging answer.

Keywords: financial centers; financial cluster; Input-Output; regional economy (search for similar items in EconPapers)
JEL-codes: G29 R11 R15 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:2007303

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