Worldwide concentration in the banking sector: causes and potential effects

Detalhes bibliográficos
Autor(a) principal: Strachman, Eduardo
Data de Publicação: 2019
Outros Autores: Fucidji, José Ricardo
Tipo de documento: Artigo
Idioma: por
Texto Completo: https://revistas.ufrj.br/index.php/rec/article/view/19715
Resumo: During the 90s, several factors affected the market structure and the standard of competition in the banking system, diluting barriers represented by country frontiers. First there were measures directed toward liberalization and deregulation. Secondly, there were technological innovations in data processing and risk management. A process of industry consolidation got under way with the formation of large banking groups that provided a wide range of products and financial services, which converged in many countries towards banking denationalization. It is possible to identify a number of positive and negative effects thereof, whether for those requiring financial services or for economies as a whole, implying new challenges for authorities in their pursuit of an atmosphere of competition combined with one of systemic stability.
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spelling Worldwide concentration in the banking sector: causes and potential effectsStrachman, EduardoFucidji, José Ricardointernational financial marketgovernment regulationpolicymergersacquisitionsrestructuringcorporate controlDuring the 90s, several factors affected the market structure and the standard of competition in the banking system, diluting barriers represented by country frontiers. First there were measures directed toward liberalization and deregulation. Secondly, there were technological innovations in data processing and risk management. A process of industry consolidation got under way with the formation of large banking groups that provided a wide range of products and financial services, which converged in many countries towards banking denationalization. It is possible to identify a number of positive and negative effects thereof, whether for those requiring financial services or for economies as a whole, implying new challenges for authorities in their pursuit of an atmosphere of competition combined with one of systemic stability.IE-UFRJ2019-11-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtigo avaliado pelos Paresapplication/pdfhttps://revistas.ufrj.br/index.php/rec/article/view/19715Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 6, n. 1, jan./jun. 2002Journal of Contemporary Economics; Rev. Econ. Contemp., v. 6, n. 1, jan./jun. 20021980-5527porhttps://revistas.ufrj.br/index.php/rec/article/view/19715/11400Copyright (c) 2018 Eduardo Strachman, José Ricardo Fucidjioai:ojs.pkp.sfu.ca:article/197152019-11-07T20:54:34Z
dc.title.none.fl_str_mv Worldwide concentration in the banking sector: causes and potential effects
title Worldwide concentration in the banking sector: causes and potential effects
spellingShingle Worldwide concentration in the banking sector: causes and potential effects
Strachman, Eduardo
international financial market
government regulation
policy
mergers
acquisitions
restructuring
corporate control
title_short Worldwide concentration in the banking sector: causes and potential effects
title_full Worldwide concentration in the banking sector: causes and potential effects
title_fullStr Worldwide concentration in the banking sector: causes and potential effects
title_full_unstemmed Worldwide concentration in the banking sector: causes and potential effects
title_sort Worldwide concentration in the banking sector: causes and potential effects
dc.creator.none.fl_str_mv Strachman, Eduardo
Fucidji, José Ricardo
author Strachman, Eduardo
author_facet Strachman, Eduardo
Fucidji, José Ricardo
author_role author
author2 Fucidji, José Ricardo
author2_role author
dc.subject.none.fl_str_mv international financial market
government regulation
policy
mergers
acquisitions
restructuring
corporate control
topic international financial market
government regulation
policy
mergers
acquisitions
restructuring
corporate control
description During the 90s, several factors affected the market structure and the standard of competition in the banking system, diluting barriers represented by country frontiers. First there were measures directed toward liberalization and deregulation. Secondly, there were technological innovations in data processing and risk management. A process of industry consolidation got under way with the formation of large banking groups that provided a wide range of products and financial services, which converged in many countries towards banking denationalization. It is possible to identify a number of positive and negative effects thereof, whether for those requiring financial services or for economies as a whole, implying new challenges for authorities in their pursuit of an atmosphere of competition combined with one of systemic stability.
publishDate 2019
dc.date.none.fl_str_mv 2019-11-07
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artigo avaliado pelos Pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19715
url https://revistas.ufrj.br/index.php/rec/article/view/19715
dc.language.none.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19715/11400
dc.rights.none.fl_str_mv Copyright (c) 2018 Eduardo Strachman, José Ricardo Fucidji
rights_invalid_str_mv Copyright (c) 2018 Eduardo Strachman, José Ricardo Fucidji
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv IE-UFRJ
publisher.none.fl_str_mv IE-UFRJ
dc.source.none.fl_str_mv Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 6, n. 1, jan./jun. 2002
Journal of Contemporary Economics; Rev. Econ. Contemp., v. 6, n. 1, jan./jun. 2002
1980-5527
repository.name.fl_str_mv
repository.mail.fl_str_mv
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