Government incentives and the financial services sector in Scotland

Article Abstract:

An analysis of government incentives in Scotland showed that regional incentives could have a significant impact on the financial services industry if they are concentrated on "soft" investments such as on human capital in terms of skill training and knowledge enhancement. To develop the competitiveness of the financial services sector, financial incentives should be supplemented by high quality information technology (IT) and telecommunications infrastructure. Using government assistance on research and development of IT could also help the sector more effectively than present measures.

Business Aid & Regulation-Total Govt, Economic policy, Scotland, Industrial policy, Government regulations, Incentives (Business)

---

Market imperfections and the targets-instrument approach to financial services regulation

Article Abstract:

A study extends J. Thornton's analysis of financial services regulation in line with imperfections in the market. Thornton believes that regulatory measures can distort a financial institution's behavior while neglecting the regulatory functions. Regulation differs widely between banking services and non-bank financial services due to the differences in the nature of market imperfections. In addition, the ideal financial regulation structure of other non-bank financial services depend on how the targets-instruments approach is applied.

Business Regulation NEC, Markets (Economics), Commercial law

---

A select replication of the Cecchini microeconomic methodology on the EFTA financial services sectors: a note and critique

Article Abstract:

A replication exercise was conducted on the Cecchini microeconomic approach to determine whether the methodology will promote economic gains in the European Free Trade Assn.'s financial services sector. Results show that the approach, which stresses that microeconomic gains can be realized through the removal of trade barriers and increased competition, can lead to inaccurate and irrelevant economic gain estimates.

Deregulation, Microeconomics, European Free Trade Association

Similar abstracts:

• Abstracts: Corporate restructuring of British and German non-financial firms in the late 1990s. Repeated failures in the management of high risk technologies
• Abstracts: Fund's partners face financial peril for raising long-term capital stakes. A stronger Yuan will have broad reach
• Abstracts: The behavioural sequence of the financial services industry in Taiwan: service quality, relationship quality and behavioural loyalty
• Abstracts: Sime Darby plans to buy UMBC stake to boost its financial-services presence. Malaysian firm may play big role in plans for Sabah
• Abstracts: Party games: the World Bank. A financial horror story. Trouble in Tokyo

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.