IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-05585-2_2.html
   My bibliography  Save this book chapter

The Complementary Nature of Competition and Regulation in the Financial Sector

In: Competition and Regulation in Financial Markets

Author

Listed:
  • Jack R. S. Revell
  • Dirk Heremans

Abstract

The main theme of this chapter is that competition and regulation are not alternatives to each other in the financial sector, but that a competitive financial system requires close regulation and supervision by the authorities. I decided on this theme largely because in Europe the debate is often carried on in terms of ‘competition versus regulation’. This seems to echo the current debate in the United States on the deregulation of depository institutions and, indeed, the chapters of F. R. Edwards and R. A. Taggart in this volume (chapters 1 and 3) are concerned with that debate. I think there are great dangers in transposing the debate into a European context without being aware of what it is about and what it does not call into question.

Suggested Citation

  • Jack R. S. Revell & Dirk Heremans, 1981. "The Complementary Nature of Competition and Regulation in the Financial Sector," Palgrave Macmillan Books, in: Albert Verheirstraeten (ed.), Competition and Regulation in Financial Markets, chapter 2, pages 16-34, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05585-2_2
    DOI: 10.1007/978-1-349-05585-2_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-05585-2_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.