Barriers in EU retail financial markets

Micuda, Dan (2007): Barriers in EU retail financial markets. Published in:

Abstract

Looking at the retail financial markets and identifing a number of ‘‘natural’’ and ‘‘policy induced’’ obstacles to free trade. We use the term ‘‘natural’’ barriers to refer to those arising as a result of different cultures or consumer preferences, while different state tax policies or regulations are classified as ‘‘policy induced’’ barriers.

• Item Type: MPRA Paper
• Language: English
• Keywords: EU, Financial markets, Banking regulations, Policy induced barriers, Natural barriers
• Subjects: G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets; N - Economic History > N2 - Financial Markets and Institutions

References

1. Bank of England , ‘‘The EC Single Market in Financial Services’’, Bank of England Quarterly Bulletin 1993

2. De Bandt and E.P. Davis, ‘‘Competition, Contestability and Market Structure of European Banking Structures in the European Banking Sectors on the Eve of EMU’’, Journal of Banking and Finance (2000)

3. Eppendorfer, C., R. Beckman and M. Neimke Market Access Strategies for EU Banking Sector, Berlin: Institut fur Europaische Politik (2002),

4. Evans, H., ‘‘Plumbers and Architects: A Supervisory Perspective on International Architecture’’, Financial Services Authority Occasional Paper, January. (2000)

5. Heinemann, F. and M. Jopp The Benefits of a Working European Retail Market for EU Financial

Services, Berlin: Institut fur Europaische Politik (2002), 6. Howells, P. and K. Bain, The Economics of Money, Banking and Finance, A European Text, Harlow, UK: Pearson Education. (1998)