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Competition in the Financial Sector

Competition in the financial sector, as in other sectors, matters for allocative, productive, and dynamic efficiency. Theory suggests, however, that unfettered competition is not necessarily best given the special features of financial services. The author discusses these analytical complications be...

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Bibliographic Details
Main Author: Claessens, Stijn
Published: World Bank 2012
Subjects:
barriers to entry
competition policies
competition policy
deregulation
developing countries
financial contracts
financial markets
financial products
financial sector
financial sector stability
financial services
financial services industries
financial stability
financial system
financial systems
global financial markets
globalization
liberalization
liquidity
stock exchanges
Online Access:http://hdl.handle.net/10986/4425

Internet

http://hdl.handle.net/10986/4425

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