Chapter

Competition in Banking<sup>1</sup>

Tommaso Padoa-Schioppa

in Regulating Finance

Published in print March 2004 | ISBN: 9780199270569
Published online July 2005 | e-ISBN: 9780191602542 | DOI: http://dx.doi.org/10.1093/0199270562.003.0003
Competition in Banking1

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This essay explores the new approach towards banking competition — that competition is good. It begins by tracing the shift from the old approach — competition is bad — to the new. It discusses how far the new approach can go, and its international aspects. It then considers the specific aspects of the euro-area dimension.

Keywords: competition; banking industry; monetary policy; regulation; supervision

Chapter.  3623 words. 

Subjects: Financial Markets

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