How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design
This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from 'narrow banks' to broad 'universal banks.' Each banking structure is assessed in its ability to satisfy the objectives of efficiency and stability in the financial system stability, economies of scale and scope, competition, avoiding regulatory capture, conflicts of interest and political manipulation, corporate control and management of financial distress, and monetary control. No one reform is appropriate for all countries, and no single reform guarantees that the objectives will be attained or maintained.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Financial Market, Policy Evaluation, financial institutions;WP-338;financial system;banking structures, |
Online Access: | http://dx.doi.org/10.18235/0011592 https://publications.iadb.org/en/how-should-financial-institutions-and-markets-be-structured-analysis-and-options-financial-system |
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dig-bid-node-119802024-05-30T20:30:06ZHow Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design 1997-02-01T00:00:00+0000 http://dx.doi.org/10.18235/0011592 https://publications.iadb.org/en/how-should-financial-institutions-and-markets-be-structured-analysis-and-options-financial-system Inter-American Development Bank Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from 'narrow banks' to broad 'universal banks.' Each banking structure is assessed in its ability to satisfy the objectives of efficiency and stability in the financial system stability, economies of scale and scope, competition, avoiding regulatory capture, conflicts of interest and political manipulation, corporate control and management of financial distress, and monetary control. No one reform is appropriate for all countries, and no single reform guarantees that the objectives will be attained or maintained. Inter-American Development Bank George G. Kaufman Randall S. Kroszner Working Papers application/pdf IDB Publications en |
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Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures |
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Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures Inter-American Development Bank How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
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This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from 'narrow banks' to broad 'universal banks.' Each banking structure is assessed in its ability to satisfy the objectives of efficiency and stability in the financial system stability, economies of scale and scope, competition, avoiding regulatory capture, conflicts of interest and political manipulation, corporate control and management of financial distress, and monetary control. No one reform is appropriate for all countries, and no single reform guarantees that the objectives will be attained or maintained. |
author2 |
George G. Kaufman |
author_facet |
George G. Kaufman Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Financial Market Policy Evaluation financial institutions;WP-338;financial system;banking structures |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
title_short |
How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
title_full |
How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
title_fullStr |
How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
title_full_unstemmed |
How Should Financial Institutions and Markets be Structured?: Analysis and Options for Financial System Design |
title_sort |
how should financial institutions and markets be structured?: analysis and options for financial system design |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0011592 https://publications.iadb.org/en/how-should-financial-institutions-and-markets-be-structured-analysis-and-options-financial-system |
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AT interamericandevelopmentbank howshouldfinancialinstitutionsandmarketsbestructuredanalysisandoptionsforfinancialsystemdesign |
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1809107192190599168 |