© 1991

International Competitiveness in Financial Services

A Special Issue of the Journal of Financial Services Research

  • Editors
  • Marvin H. Kosters
  • Allan H. Meltzer

Table of contents

  1. Front Matter
    Pages i-iii
  2. Marvin H. Kosters, Allan H. Meltzer
    Pages 1-3
  3. Robert C. Merton
    Pages 5-42
  4. Richard J. Herring, Anthony M. Santomero
    Pages 213-239

About this book


financial markets suggests that factors such as differences in capital requirements, limi­ tations on size or on the range of financial activities in which firms can engage, govern­ ment guarantee arrangements for deposits or payments, and reporting or disclosure requirements can have important effects on the efficiency of industrial and commercial firms and thus on the international competitive positions of major sectors of the U.S. economy. Regulatory and tax policies must therefore take into account effects on inter­ national competitive positions in addition to domestic concerns. The articles in this issue analyze differences in market organization and regulation across countries and examine how efficiency in producing financial services is influenced by these differences. These articles were presented and discussed at a conference sponsored by the Amer­ ican Enterprise Institute in Washington, D.C., on May 31 and June 1, 1990. This confer­ ence on International Competitiveness in Financial Services brought to the attention of Washington policy officials these analyses by leading scholars in finance. Publication of these studies and critiques in the Journal of Financial Services Research is intended to stimulate further interest in research on these important issues.


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Bibliographic information

  • Book Title International Competitiveness in Financial Services
  • Book Subtitle A Special Issue of the Journal of Financial Services Research
  • Editors Marvin H. Kosters
    A.H. Meltzer
  • DOI
  • Copyright Information Kluwer Academic Publishers 1991
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Hardcover ISBN 978-0-7923-9148-7
  • Softcover ISBN 978-94-010-5725-7
  • eBook ISBN 978-94-011-3876-5
  • Edition Number 1
  • Number of Pages III, 253
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Finance, general
    International Economics
    Industrial Organization
  • Buy this book on publisher's site