Nobody downloaded yet

To What Extent Is the Spanish Banking System an Oligopoly - Research Paper Example

Comments (0) Cite this document
Summary
This paper has the objective of examining the Spanish banking industry and to ascertain if, over the years, such an industry has come to acquire the market form of an oligopoly. This is done through a literature review were major arguments are sourced and analyzed and the conclusion arrived.  …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
To What Extent Is the Spanish Banking System an Oligopoly
Read TextPreview

Extract of sample "To What Extent Is the Spanish Banking System an Oligopoly"

Download file to see previous pages Irrespective of the product or service that is being studied; it is apparent that all of a sudden the information flow has become more rapid, regulatory structures more oriented to free-market structures and the movement of capital and permission to access local markets freer. This has prompted national businesses to target global businesses and global businesses to target national markets. However lumpiness in the control of market shares is seen as yet which has tended to be diluted monopoly or monopolistic controls of the past and the structures have tended to turn, in general, to oligopolistic structures. The banking industry is no exception. Main features of the banking industry, irrespective of jurisdiction have been a long-standing history of business, ready demands for its products and services (barring economic downturns) and specific protection enjoyed from the national governments It has experienced a more benign and structured capital adequacy regimes in the form of Basle I and now Basle II apart from a host of other suggestive and market discipline based stipulations. Fact remains that banks enable target customers to do the essential functions of saving, investing and storing money or money equivalents and therefore banks tend to have a loyal and core segment of consumers on most jurisdictions where they were have chosen to operate. Spanish banks are no exception. This has spurred market control strategies from the banks and these strategies coalesce to determine as to what exact form of the market does the banking industry of a particular time looks like. Literature has often pointed out to the extent of competition in the banking industry: "Competition has become a recurrent topic in the banking literature. Specifically, during the last decade, a great deal of empirical work has attempted to measure the level of competition prevailing in European banking markets. The beginning of the third stage of the Economic and Monetary Union, in January 1999, and the projected changeover to the Euro triggered the interest of researchers in this issue" (Rozas, 2007).   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“To What Extent Is the Spanish Banking System an Oligopoly Research Paper”, n.d.)
To What Extent Is the Spanish Banking System an Oligopoly Research Paper. Retrieved from https://studentshare.org/macro-microeconomics/1531186-economics-extanded-essay-coursework-for-the-ib
(To What Extent Is the Spanish Banking System an Oligopoly Research Paper)
To What Extent Is the Spanish Banking System an Oligopoly Research Paper. https://studentshare.org/macro-microeconomics/1531186-economics-extanded-essay-coursework-for-the-ib.
“To What Extent Is the Spanish Banking System an Oligopoly Research Paper”, n.d. https://studentshare.org/macro-microeconomics/1531186-economics-extanded-essay-coursework-for-the-ib.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF To What Extent Is the Spanish Banking System an Oligopoly

Banking and international banking system

...Institutions Deregulation and Monitory Control act of 1980 relaxed its regulations on financial institutions as it raised deposit insurance limit and broadened lending powers of financial institutions. As a result, banks were able to venture into other areas such as real estate and speculative lending. United States Securities and Exchange Commission allowed investment banks to increase the level of debt following the relation of net capital rule. This fuelled growth in mortgage backed securities that supported subprime mortgages. Shadow banking system was not regulated as other depository banks. This allowed them to lend more to their serve own...
8 Pages(2000 words)Essay

Banking System in America

...? Banking in the United s of America is under the regulation of various governmenst and it has numerous liabilities, and an example is that from 2010, its liabilities amounted to 43% of the budget of the National government. In the United States of America, their banking system is disjointed with each state having its own regulator and rules that govern the operations of the state subject to the National Banking act of 1863 (Miller, 2010). However, depending on the operations of a bank and the agreements and charter it has signed, its operations may be regulated by various states in America and by the Federal government. In the United States of America,...
7 Pages(1750 words)Essay

The UK Banking System

...The UK Banking System - An overview The UK banking sector is the third largest in the world after the US and Japan. In addition to having one of thelargest commercial banking industries, the UK is also a major international centre for investment and private banking. The UK banking sector's strong international orientation is reflected in the substantial foreign presence and sizeable assets of foreign banks in London. The number of authorized banks in the UK totalled to about 690 in 2004. Although the number of UK incorporated banks declined over the past decade there was a significant...
7 Pages(1750 words)Essay

Banking System

...GRINGOTT'S BANK ATM Overview of the current System Money, it is said, makes the world go round. This has never been truer in context of the global banking industry and financial markets, which are becoming more inter-linked and integrated, creating the need for a new generation of solutions that, operate in real time with impeccable reliability. The current banking system is mainly concentrated on paper transactions and various forms of wire transfers. Any money that needs to be sent is delayed in proportion to the farness of its destination at least in the case of paper transactions. This delays business deals and this delay is also known to have...
12 Pages(3000 words)Essay

Oligopoly

...and once their supply enters the market the OPEC cartel will be facing an entirely new challenge. _____________________________________________________ Bibliography 1. Static Models of Average-Cost Pricing ,C. E. Ferguson,Southern Economic Journal, Vol. 23, No. 3 (Jan., 1957), pp. 272-284,doi:10.2307/1054217 2. http://209.85.129.104/searchq=cache:oLHdNvxojZcJ:intranet1.sutcol.ac.uk:888/NEC/MATERIAL/PDFS/ECONOM/A2_ECO/07U4_T3.PDF+eu+car+market+average+cost+and+oligopoly&hl=en&ct=clnk&cd=10&gl=uk 3. March 2006, Vol. 4, No. 1, Pages 216-251,Liberalizing A Distribution System: The European Car Market,Randy Brenkers and Frank Verboven 4....
8 Pages(2000 words)Essay

Banking; analysing through economics the Spanish banking system

...To what extent is the Spanish banking system an Oligopoly? Introduction Globalization has brought about the integration of the world markets. In this sense the global market has tended to move towards a perfect and pure market structure as defined in the economic theory; however the exact form of global markets have remained far from the theoretical ideals of perfect and pure. Regardless of the product or service that is being studied; it is noticeable that all of a sudden the information flow has become more rapid, regulatory structures have been oriented more towards free market structures and the movement of capital...
12 Pages(3000 words)Essay

Islamic banking system study

...Islamic banking system study - Key features of Islamic banking business in Britain Introduction The increase of competition in the global market has led many firms to differentiate their strategies in order to ensure that they will be able to compete their rivals. At the level of the state, such conditions are likely to lead to the introduction of schemes and policies that will equally support the business activities developed in various industrial sectors. In any case, innovation has been proved to be a key element of successful strategic decisions – including policies that refer to governmental activities and those related with the private sector. Britain is a country with an important...
12 Pages(3000 words)Essay

Summarize the banking system

...Banking System A banking system is a system whereby there is an organized network of particular s, which provide or offer financial services within a certain area or place. The banking system includes a team of members who are put in place to ensure that the best of services are offered to the community. Those involved with the system have various functions which include the taking of deposits and also lending loans to those who would like to acquire them. This service is mostly within the commercial banks. Other functions include banks which specialize in the market...
1 Pages(250 words)Research Paper

Banking system

...Banking Since time immemorial, banks have been a place where people deposit their money for safekeeping. This is process of depositing money for safekeeping is called ‘retain and hold’ in banking. In essence, this means that banks have the responsibility of receiving customers’ money and keeping it for them for a given period after which they can withdraw when they need them. Therefore, banks act as safe stores for their customers. However, due to recent harsh economic environment, banks have been force to metamorphose and start engaging in various commercial activities to boost their profit gains. These activities include selling various...
2 Pages(500 words)Essay

Banking System

...Banking System Banking System The financial crises of the period of 2008 experienced by the United s were caused due to the defaulting sub-prime mortgage loans. These loans were provided by the banks of United States to various individuals residing in the region. These loans were provided without performing any background checks and without identifying whether the borrowers will be able to pay off their debts. These loans were even provided without taking into consideration the credit ratings of these individuals. When crises started taking place and individuals started losing their jobs, these individuals became unable to pay off their debts and...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic To What Extent Is the Spanish Banking System an Oligopoly for FREE!

Contact Us