Journal Article

Competition in the Changing World of Banking

Xavier Vives

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 17, issue 4, pages 535-547
Published in print December 2001 | ISSN: 0266-903X
Published online December 2001 | e-ISSN: 1460-2121 | DOI: https://dx.doi.org/10.1093/oxrep/17.4.535
Competition in the Changing World of Banking

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  • Economic Development and Growth
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This paper reviews the role of competition in banking against the background of a transforming sector. It uses industrial organization and modern financial intermediation analysis to study the relationships between the level of competition, risk‐taking incentives, and the regulatory frame. The consequences for market structure of the liberalization process and the need for competition policy in the sector are high‐lighted.

Journal Article.  0 words. 

Subjects: Economic Development and Growth ; Public Economics ; Political Economy ; Public Policy

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