Descrizione
This book surveys banking changes in EMU countries in the past decade and intensively studies how banks in one country, Italy, are adapting. Banking systems differ across European countries because of distinctive national regulatory, political, and legal traditions. Until very recently the Italian banking industry was largely state owned and tightly controlled. The foundation for these arrangements was the Fascist-era banking code of 1936, which was formally replaced only in 1993. The resulting restructuring of Italian banks provides an unusual opportunity to understand how transitions are effected when regulatory regimes are radically changed.
The volume includes a series of studies of Italian banks with the goal of understanding how the newly deregulated institutions adapted to a changed environment. This process of adjustment is likely to be repeated mutatis mutandis in other EMU countries.
The volume includes a series of studies of Italian banks with the goal of understanding how the newly deregulated institutions adapted to a changed environment. This process of adjustment is likely to be repeated mutatis mutandis in other EMU countries.
Recensioni
Ancora non ci sono recensioni.