A New Measure of Competition in the Financial Industry: The Performance-Conduct-Structure Indicator 1st Edition

Ebook Details

Authors

Jacob A Bikker, Michiel van Leuvensteijn

Year 2014
Pages 228
Publisher Routledge
Language en
ISBN 9780415870405
File Size 1.83 MB
File Format PDF
Download Counter 103
Amazon Link

Ebook Description

The 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the last stage of future-proofing the financial sector by raising capital requirements and tightening financial regulation. Now the policy agenda needs to concentrate on transforming the banking sector into an engine for growth. Reviving competition in the banking sector after the state interventions of the past years is a key step in this process.