Banks, regions and development
Pietro Alessandrini (),
Luca Papi () and
Alberto Zazzaro ()
BNL Quarterly Review, 2003, vol. 56, issue 224, 23-55
From the 1980s onwards the banking sectors in all the industrialised countries have been experiencing intense restructuring, aggregation and consolidation, radically changing their ownership structures and geography. Whatever the reasons behind such restructuring processes, the globalisation of the credit markets, the consolidation of banking structures, the removal of barriers to the free location of banks and their penetration of peripheral markets pose two main questions. Will integration of the banking systems lead to a narrowing or a widening of the development gap between regions? What relations will there be between financial centres and the periphery, and how will financial labour be divided between national (international) banks and local (regional) banks? The aim of this paper is to address such questions in the light of recent developments in the theoretical and empirical literature on financial integration.
Keywords: Bank; Banking; Credit; Globalization; Restructuring (search for similar items in EconPapers)
JEL-codes: G21 R11 G28 G34 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed
Downloads: (external link)
Journal Article: Banks, regions and development (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:psl:bnlaqr:2003:12
Ordering information: This journal article can be ordered from
Access Statistics for this article
BNL Quarterly Review is currently edited by Alessandro Roncaglia
More articles in BNL Quarterly Review from Banca Nazionale del Lavoro
Bibliographic data for series maintained by Carlo D'Ippoliti ().