Abstract
There are two general themes in this chapter. First, a group of sections focuses on the issue of monopoly in banking markets. The relaxation of entry in local markets reduced significantly the measurement and need for regulation of market power. Second, financial stabilization to prevent and resolve banking and financial crises is managed by central banks. The paradigm of modern central banking is the BOE.
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© 2009 Carlos M. Peláez and Carlos A. Peláez
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Peláez, C.M., Peláez, C.A. (2009). Bank Concentration and Central Banks. In: Financial Regulation after the Global Recession. Palgrave Macmillan, London. https://doi.org/10.1057/9780230251243_4
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DOI: https://doi.org/10.1057/9780230251243_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-31605-2
Online ISBN: 978-0-230-25124-3
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