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, while cross-country studies point mostly to a positive relationship between competition and stability in the banking system …. Where liberalization and unfettered competition have resulted in fragility, this has been mostly the consequence of … regulatory and supervisory failures. The advantages of competition for an efficient and inclusive financial system are strong …
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, while cross-country studies point mostly to a positive relationship between competition and stability in the banking system …. Where liberalization and unfettered competition have resulted in fragility, this has been mostly the consequence of … regulatory and supervisory failures. The advantages of competition for an efficient and inclusive financial system are strong …
Persistent link: https://www.econbiz.de/10010521103
The contribution of financial and non-financial risks to the overall level of risk in the system depends on the current state of the EU banking system (which, in the aggregate and compared with banking sectors in other major advanced economies, cannot be characterised as strong) and how...
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