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The Unified European Banking Market and the Convergence of National Banking Sectors

In: Bank Strategies and Challenges in the New Europe

Author

Listed:
  • Elisabetta Montanaro
  • Claudio Scala
  • Mario Tonveronachi

Abstract

The rationale for public regulation springs from the need to overcome the more severe effects of some form of market failures. However, regulation is costly and may produce unwanted negative side effects. A public framework of regulatory measures needs to be justified on the ground of net gains for the community.

Suggested Citation

  • Elisabetta Montanaro & Claudio Scala & Mario Tonveronachi, 2001. "The Unified European Banking Market and the Convergence of National Banking Sectors," Palgrave Macmillan Books, in: Edward P. M. Gardener & Peter C. Versluijs (ed.), Bank Strategies and Challenges in the New Europe, chapter 7, pages 106-138, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-99276-0_7
    DOI: 10.1057/9780333992760_7
    as

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