Abstract
This chapter surveys the economics of international banking. It begins by reviewing recent waves of growth in cross-border banking and evaluating the fundamental elements influencing this growth. Next it turns to a consideration of industrial organization issues in multinational banking, including the choice between foreign direct investment versus acquisitions of foreign branches. The remainder of the chapter discusses recent developments in real-resource-based analyses of cross-border trade in banking services that apply traditional theories of international trade to the balancing industry.
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VanHoose, D. (2017). The Economics of International Banking. In: The Industrial Organization of Banking. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-54326-9_4
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DOI: https://doi.org/10.1007/978-3-662-54326-9_4
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