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This paper examines the impacts of Brexit as an external shock to European financial centre relations. In particular, it studies the changing nature of Paris-London financial relations post Brexit. Early on in the Brexit process, Paris was not understood as the most likely European centre to...
Persistent link: https://www.econbiz.de/10014515676
The financial sector in advanced economies has undergone significant evolution driven by restructuring, globalization, and the digital revolution, which have profoundly shaped its developmental dynamics. This study investigates the forces behind the growth and convergence of the financial sector...
Persistent link: https://www.econbiz.de/10014339316
We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the...
Persistent link: https://www.econbiz.de/10011327533
Persistent link: https://www.econbiz.de/10010239063
is still much to achieve. East Asia, the Pacific, and South Asia combined account for 55% of the world's unbanked adults …
Persistent link: https://www.econbiz.de/10011540468
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …
Persistent link: https://www.econbiz.de/10009583390
Persistent link: https://www.econbiz.de/10001514473
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters'' and national regulators'' response has been a global concerted effort to overhaul and tighten financial regulations. However, at a time of designing stricter...
Persistent link: https://www.econbiz.de/10013132039
This article provides an assessment of the relevance in World Trade Organization (WTO) law of the international …
Persistent link: https://www.econbiz.de/10013116245
About 2.7bn people in the world rely on cash, physical assets and informal services to manage their financial lives …
Persistent link: https://www.econbiz.de/10013117788