EU competitiveness in a changing world economy and the banking sector /
The region as a whole is lagging behind the recovery of others in the world. The future shows a shift in global economic power, away from the established advanced economies, especially from those in Europe, towards emerging ones in Asia and elsewhere. Compared to earlier years, risks related to euro...
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| Dokumentumtípus: | Könyv része |
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2020
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| Sorozat: | Proceedings of the European Union’s Contention in the Reshaping Global Economy
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| Kulcsszavak: | Versenyképesség - Európai Unió, Gazdaságpolitika - Európai Unió |
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| doi: | 10.14232/eucrge.2020.proc.6 |
| Online Access: | http://acta.bibl.u-szeged.hu/71543 |
| Tartalmi kivonat: | The region as a whole is lagging behind the recovery of others in the world. The future shows a shift in global economic power, away from the established advanced economies, especially from those in Europe, towards emerging ones in Asia and elsewhere. Compared to earlier years, risks related to euro area economic conditions have increased. This influences the function and effectiveness of the banking sector as well. The global outlook has deteriorated. The top three prominent risks expected to affect the euro area banking system over the next years are: (1) economic, political, and debt sustainability challenges in the euro area, (2) business model sustainability, and (3) cybercrime and IT deficiencies. The study discusses these factors with special emphasis on banking supervision. It analyses EU bank regulation after the financial crisis and its prospects. |
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| Terjedelem/Fizikai jellemzők: | 94-107 |
| ISBN: | 978-963-306-772-7 |