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This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …
Persistent link: https://www.econbiz.de/10011244565
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 …
Persistent link: https://www.econbiz.de/10005826668
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10005769248
Persistent link: https://www.econbiz.de/10005590918
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also …
Persistent link: https://www.econbiz.de/10010790360
Cancellation of Stand-by Arrangement (SBA). Despite tangible progress under the SBA, the crisis in Ukraine has increased its …
Persistent link: https://www.econbiz.de/10011244255
Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a …
Persistent link: https://www.econbiz.de/10011244665
EXECUTIVE SUMMARY The first review discussions took place in a context of heightened geopolitical tensions and deepening economic crisis. Intensification of the conflict in the East and escalation of the gas dispute with Gazprom, two of the key risks identified at the time of the program...
Persistent link: https://www.econbiz.de/10011245299
Persistent link: https://www.econbiz.de/10005826703
particular case of Ukraine, and how it might approach its own large contingent liability-the so-called lost savings-which at end …
Persistent link: https://www.econbiz.de/10005604821