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Competition in the finasncial sector
Claessens, Stijn (Avtor)

URLURL - Predstavitvena datoteka, za dostop obiščite http://www.imf.org/external/pubs/ft/wp/2009/wp0945.pdf Novo okno

Izvleček
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance. I review these analytics and describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of competition greatly varies across markets, largely driven by barriers to entry and exit. I argue that changes in financial services industries require updated competition policies and institutional arrangements, but that practices still fall short. Furthermore, I show that developing countries face some specific competition challenges.

Jezik:Angleški jezik
Ključne besede:finančni sistemi, finančne institucije, trg kapitala, vrednostni papirji, konkurenčnost, regulacija, modeli, mednarodne primerjave, financial systems, financial institutions, capital market, securities, competitivity, regulation, models, international comparisons
Vrsta gradiva:Delo ni kategorizirano (r6)
Organizacija:EF - Ekonomska fakulteta
Leto izida:2009
Založnik:International Monetary Fund
Št. strani:35 str.
Kraj:[Washington (D.C.)]
UDK:336
COBISS.SI-ID:19271910 Povezava se odpre v novem oknu
Število ogledov:392
Število prenosov:100
Metapodatki:XML RDF-CHPDL DC-XML DC-RDF
 
Skupna ocena:(0 glasov)
Vaša ocena:Ocenjevanje je dovoljeno samo prijavljenim uporabnikom.
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