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European Banking Strategies Beyond 1992

In: Money and Banking

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  • E. P. M. Gardener

Abstract

European banks and banking markets have been involved in a process of fundamental change for some time. In one sense these changes are a part of the broader tapestry of rapid development and innovation that has characterised world banking and financial systems since the late 1960s. The 1992 Single European Market (SEM), however, has stimulated many specific, European questions about the development of EC banking and financial systems; a large and often speculative literature has been spawned. Nevertheless, there is a widespread recognition that financial services are an important element in the development of the post-1992 European economy and in the attainment of the overall economic benefits sought by the 1992 deregulation process.

Suggested Citation

  • E. P. M. Gardener, 1993. "European Banking Strategies Beyond 1992," Palgrave Macmillan Books, in: Philip Arestis (ed.), Money and Banking, chapter 8, pages 117-137, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13319-2_8
    DOI: 10.1007/978-1-349-13319-2_8
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