StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

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 PAPER92.1% 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

Major financial institutions collapsed or near collapsed and credit markets were frozen. Bear Stearns and Sachsen LB (German bank), banks fell in 2007. It was followed by IndyMac Bank in receivership and demise of Lehman Brother in the quarter of 2008 (Drea 2009). After September 2008, panic in the financial global sector escalated and spread to other sectors of the economies. Investors were shocked by losses that they incurred on assets they thought were safe. There was strong evidence that contagion was linked with global financial crisis. This happened through liquidity and risk-premium channels in the financial markets. There was clear evidence informed by research that contagion during subprime crisis was clearly shown by si...
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, separate financial regulatory structures are in place to regulate the Insurance...
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 destroyed many lives. When it comes to wire transfers, the most annoying thing...
12 Pages(3000 words)Essay

Oligopoly

In relation to costs it shows that in an oligopolistic market firms will not raise their prices because even a small price increase will cause them to lose many customers and at the same time a large price decrease by the owners will gain only a few customers because such an action will begin a price war with other firms. The curve is therefore more price-elastic for price increases and less so for price decreases. In a kinky demand curve as in an oligopoly marginal costs could change without necessarily changing the price or quantity.
Being an Oligopoly the EU car market will be experiencing an average cost curve that will represent benefits from substantial economies of size. These firms have actually become large and powe...
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 position in the global market; in accordance...
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 issues and the trading services that take place (Mullineux & Murinde, 2003).  Institutions that are concerned with this type of economic interest are the investment banks...
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 insurance products, forming societies, and investment platforms for their customers. This is called...
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 banks started experience failure to recover their money (Friedman, 2011). Due to this banks...
1 Pages(250 words)Essay

Budgetary Control and Costing System

Job costing and Process Costing are the two basic methods of costing. Job costing is suitable to industries, which manufacture or execute the work according to the specifications of the customers. Process costing is suitable to industries where production is continuous and the units produced are identical. All other methods are combinations, extensions or improvements of these basic methods.

1. JOB COSTING: It is also called specific order costing. It is adopted by industries where there is no standard product and each job or work order is different from the others. The job is done strictly according to the specifications given by the customers and usually, the job takes only a short time for completion. The purpose of...
17 Pages(4250 words)Case Study

Microprocessor System and Application

In a computer, a processor commonly involves one or more microprocessors (also acknowledged as chips), which are silvers of silicon or other substance stamped with many little electronic circuits. To perform operations on data, the computer passes electricity all the way through circuits to execute an instruction (Norton 2001.p. 5). The innovation in technology has brought a lot of facilities for us. We have better ways of life and all the facilities regarding better production and domestic tasks. Such as in the industrial production we have automatic robots that are welding, packing, moving and carrying out several other development-related tasks. These robots are pre-programmed and microprocessors based chips are controlling all...
6 Pages(1500 words)Assignment

The Extent to Which Unemployment Is a Microeconomic As Opposed To a Macroeconomic Problem

...Explain the extent to which unemployment is a microeconomic as opposed to a macroeconomic problem, and discuss the relevance of this analysis for government policy to reduce the rate of unemployment. Name: Roll No: Class: Subject: Teacher: Date: 26th April 2009 University Explain the extent to which unemployment is a microeconomic as opposed to a macroeconomic problem, and discuss the relevance of this analysis for government policy to reduce the rate of unemployment. Introduction One important goal of microeconomics is to analyse market mechanisms, which establishes relative prices of goods and services and allocation of resources limited by nature among the alternative uses of these goods and services. Microeconomics steps in when...
6 Pages(1500 words)Assignment

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

...Independent Research Study An investigation into the Structure of the Educational System in Morocco and its Capa for Addressing the Needs and Expectations of the Hospitality Industry in the Country Submitted by : Submitted to : Course : Date : September 29, 2009 Word Count : 3,069 words STATEMENT OF AUTHORSHIP “I confirm that no part of this work, except where clearly quoted and referenced, has been copied from material belonging to any person e.g. from a book, handout, another student. I am aware that it is a breach of GIHE regulations to copy the work of another without clear acknowledgement and that attempting to do so render me liable to disciplinary procedures.” ________________ Table of Contents I. Consultant’s Brief 4...
15 Pages(3750 words)Research Proposal

The Interprofessional Practice and the Health Care System

This is also the position Stone (2007) takes in the quote under discussion.
Furthermore, Stone goes on to declare that Australia has been very slow to implement this practice as compared with other countries and government agencies. One of the primary reasons is that the public policy system in Australia is quite complex and the decision-makers have not come into agreement on where to place it in the policy matrix. This leaves Interprofessional Practice and Education in the dark (or the cold) as far as strategic planning for implementation as well as placing itself within the funding cycles of the government disbursements. (Stone, 2007)
Policies are created in order to put in place how politicians and government official...
6 Pages(1500 words)Assignment

The Functions of Modern Central Banking

It now directs and supervises banking activities through a complex set of tools and instruments that embody the country’s monetary policies.
Central banking can be traced to the 17th century Swedish Riksbank. The bank was created in 1668 as a joint-stock bank and helped the Swedish government with its monetary needs as well as serve as a clearinghouse for commerce. Just a few decades after, or in 1694, England established its own joint-stock bank called Bank of England. It was established primarily to buy the country’s debts. Other European countries soon followed and established their own national banks not only to serve their debts but also to solve monetary disarray as in the case of France’s Banque de Fr...
7 Pages(1750 words)Case Study

Examination of the Thyroid System

In 2006, his gallbladder was removed. He takes over-the-counter anti-histamines, as needed for allergic rhinitis symptoms.
Personal and Social History: Mr. "S" is a 73-year-old widower who usually eats the organic food produced from the animals and the fruits and vegetables on his farm. He has two to three beers in the evening after dinner every night. He weighs 235 lbs and measures 5 10" tall.

Whether there is any family history of swelling in the limbs? Is the swelling present anywhere else other than the lower leg? What precipitates the shortness of breath and how long does it last? Is the shortness of breath severe? How long does he need to rest to overcome the shortness of breath? Does he feel dizzy when his b...
9 Pages(2250 words)Case Study

Identification of problems in the Criminal Justice System of the US

They are on trial and will be dealt with fairly. These laws ensure that no one, even if he or she has committed a crime is abused or punished cruelly.
Following the history of civilization like in china, we see the traces of systems for Criminal justice in order to provide safety for the citizens. Evolving through the years laws have been modified and changed to form the system that we know today.
 From its start, the “U.S. criminal justice system” has advocated the idea of “checks and balances”. To avoid dictatorial rule, the people who founded this system in such a way that one person was not given control or authority completely to punish the criminals. The idea of assigning a ‘jury...
6 Pages(1500 words)Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages(2250 words)Case Study

Logistics System Management

The logistics system is designed in such a manner as the combination of various facilities in the transportation at home, and the operations involved in the warehouse and the distribution channels for the manufacturing are the same. The supply chain is a collection of various complicated systems of logistics where they have a collection of raw materials and goods that are useful for the manufacturing of the final product and to the final distributors. “For example, in make-to-assembly (MTA) systems components and semi-finished products are manufactured in a push-based manner while the final assembly stage is pull-based. Hence, the work-in-process inventory at the end of the first stage is used to assemble the finished produc...
15 Pages(3750 words)Coursework
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