Worldwide concentration in the banking sector: causes and potential effects
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Data de Publicação: | 2019 |
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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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Revista de Economia Contemporânea |
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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 |
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repository.mail.fl_str_mv |
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_version_ |
1789436681683730432 |