Abstract
The 1990s, with their rapidly changing underlying conditions — as exemplified by such catchwords as innovation, securitisation, globalisation and computerisation — will witness a further intensification of competition in the financial markets. Above all, the deregulation of the national financial markets and the almost total liberalisation of capital transactions have given a new dimension to the rivalry among market players: we are actually witnessing a two-fold process of competition between market participants, on the one hand, and between the geographic centres for financial services, on the other.
The author bears the sole responsibility for this manuscript, which does not place the Deutsche Bundesbank under any obligation.
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© 1994 Springer Science+Business Media Dordrecht
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Häusler, G. (1994). The Competitive Position of Germany as a Financial Centre as Seen by a Central Banker. In: Fair, D.E., Raymond, R. (eds) The Competitiveness of Financial Institutions and Centres in Europe. Financial and Monetary Policy Studies, vol 28. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-8350-3_16
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DOI: https://doi.org/10.1007/978-94-015-8350-3_16
Publisher Name: Springer, Dordrecht
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