EU and US Banking in the 1990s [Hardcover]

Lewis (Author)

Book Description

ISBN-10: 0124466400 | ISBN-13: 978-0124466401 | Publication Date: February 22, 1996

EU and US Banking in the 1990s is based on a period of important changes in the world financial scene which profoundly affects banking. Both the European and US banking sectors are undergoing deep transformations brought about by different events and experiences; however, the similarities between the experience of these two areas make comparisons worthwhile and useful in identifying future trends. More than ever before, the strategic behavior of EU and US banks is expected to converge. Written for a wide audience, this text analyzes the changing environment since 1980, both in the EU and the US. It discusses the nature of banking in relation to three main areas in economic theory: market failure and the need for regulation, effects of deregulation and integration on competition, and market entry and contestability. The book also discusses the future prospects for EU and US banking. Financial practitioners and policy makers find this book useful because it provides a broad perspective of the changes occurring in European and US banking. It will also be a source of stimulating ideas to academics and researchers in the field. The text provides an example of modern applied analysis of banking to students attending courses on financial markets and banking and financial integration. It discusses the nature of banking in relation to three main areas in economic theory which are: market failure and the need for regulation; effects of deregulation and integration on competition; and, market entry and contestability.

Editorial Reviews

From the Back Cover

This book has been written in three main parts. Part I analyses the changing environment since 1980, both in the EU and the US. Developments in banking regulation, marketing strategies and industry structure are related to the growing globalisation of the banking sector. Part II discusses the nature of banking in relation to three main areas in economic theory: market failure and the need for regulation; the effects of deregulation and integration on competition; and market entry and contestability. Part III discusses the future prospects for EU and US banking.
EU and US Banking in the 1990s has been written during a period of important changes in the world financial scene. These changes have affected banking profoundly. Both the European and US banking sectors are undergoing deep transformations brought about by different events and experience. However, similarities between the experience of these two areas make comparison worthwhile and useful in identifying future trends. More than ever before, the strategic behaviour of EU and US banks is expected to converge, although it is important to recognise that the US experience is very different from the recent developments in Europe, and dissimilarities between the two systems area also quite important.
Financial practitioners and policy makers will find this book useful, as it provides a broad perspective of the changes occurring in European and US banking. It will also be a source of stimulating ideas to academics and researchers in the field. And although not a textbook, students attending courses on financial markets and banking, or financial integration, will find here an example of modern applied analysis of banking.

Product Details

• Hardcover: 228 pages
• Publisher: Emerald Group Publishing Limited (February 22, 1996)
• Language: English
• ISBN-10: 0124466400
• ISBN-13: 978-0124466401
• Product Dimensions: 9.1 x 6.1 x 0.6 inches
• Shipping Weight: 14.9 ounces (View shipping rates and policies)
• Amazon Best Sellers Rank: #5,387,254 in Books (See Top 100 in Books)