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Competition in the Financial Sector

Competition in the Financial Sector »

Source: Competition in the Financial Sector : Overview of Competition Policies

Volume/Issue: 2009/45

Series: IMF Working Papers

Author(s): Stijn Claessens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451871937

Keywords: competition policy, contestability, stability, degree of competition, General Financial Markets: General (includes Measurement and Data), General Financial Markets: Government Policy and Regulation, Financial Institutions and Services: Government Policy and Regulation, Market Structure, Firm Strategy, And Market Performance

As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance....

Decentralization and Macroeconomic Management

Decentralization and Macroeconomic Management »

Source: Decentralization and Macroeconomic Management

Volume/Issue: 1997/155

Series: IMF Working Papers

Author(s): Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1997

ISBN: 9781451857276

Keywords: decentralization, fiscal federalism, borrowing controls, federalism, subnational governments, subnational government

The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By cont...

Competition in the Financial Sector
			: Overview of Competition Policies

Competition in the Financial Sector : Overview of Competition Policies »

Volume/Issue: 2009/45

Series: IMF Working Papers

Author(s): Stijn Claessens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

DOI: http://dx.doi.org/10.5089/9781451871937.001

ISBN: 9781451871937

Keywords: competition policy, contestability, stability, degree of competition, General Financial Markets: General (includes Measurement and Data), General Financial Markets: Government Policy and Regulation, Financial Institutions and Services: Government Policy and Regulation, Market Structure, Firm Strategy, And Market Performance

As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance....

Decentralization and Macroeconomic Management

Decentralization and Macroeconomic Management »

Volume/Issue: 1997/155

Series: IMF Working Papers

Author(s): Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1997

DOI: http://dx.doi.org/10.5089/9781451857276.001

ISBN: 9781451857276

Keywords: decentralization, fiscal federalism, borrowing controls, federalism, subnational governments, subnational government

The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By cont...