Click here for search results
Bank competition and financial stability : friends or foes ?, Volume 1
 
Author:Beck, Thorsten; Country:World;
Date Stored:2008/06/26Document Date:2008/06/01
Document Type:Policy Research Working PaperSubTopics:Access to Finance; Emerging Markets; Banks & Banking Reform; Debt Markets; Labor Policies
Language:EnglishRegion:The World Region
Report Number:WPS4656Collection Title:Policy Research working paper ; no. WPS 4656
Volume No:1  

Summary: Theory makes ambiguous predictions about the relationship between market structure and competitiveness of the banking system and banking sector stability. Empirical studies focusing on individual countries provide similarly ambiguous results, 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, and regulatory and supervisory policies should focus on an incentive-compatible environment for banking rather than try to fine-tune market structure or the degree of competition.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 32 pagesOfficial version*2.24 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.



Permanent URL for this page: http://go.worldbank.org/NU40U7B4M0