Barriers to Cross-Border Entry in European Retail Financial Services
Barriers to Cross-Border Entry in European Retail Financial Services
复制标题
欧洲零售金融服务跨境进入壁垒
DOI：
10.1007/978-1-349-22979-6_5
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发表时间：
1993
期刊：
影响因子：
--
通讯作者：
Tobias C. Hoschka
中科院分区：
文献类型：
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作者：
Tobias C. Hoschka
在一个没有进入壁垒的单一欧洲金融服务市场中，我们预计价格和效率差异将通过外国进入而消除。然而，在实践中，零售金融服务行业存在一系列进入壁垒。一般来说，人们可以区分跨境进入的监管障碍和市场或行业固有的进入障碍。1虽然前者受到内部市场方案的攻击，但后者可能持续存在，基本上不受市场一体化监管努力的影响。
In a single European financial services market with no entry barriers we would expect price and efficiency differences to be eliminated by foreign entry. In practice, however, there are a range of entry barriers in the retail financial services sector. Generally, one can distinguish between regulatory barriers to cross-border entry and market- or industry inherent entry barriers.1While the former are attacked by the internal market programme, the latter are likely to persist and remain largely unaffected by regulatory efforts towards market integration.