EU competitiveness in a changing world economy : and the banking sector

Botos, Katalin: EU competitiveness in a changing world economy : and the banking sector. In: Proceedings of the European Union’s Contention in the Reshaping Global Economy. pp. 94-107. (2020)

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Abstract

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.

Item Type: Article
Heading title: Financial issues
Journal or Publication Title: Proceedings of the European Union’s Contention in the Reshaping Global Economy
Date: 2020
ISBN: 978-963-306-772-7
Page Range: pp. 94-107
Language: angol
Event Title: The European Union’s Contention in the Reshaping Global Economy (2020) (Szeged)
Related URLs: http://acta.bibl.u-szeged.hu/id/eprint/71537
DOI: https://doi.org/10.14232/eucrge.2020.proc.6
Uncontrolled Keywords: Versenyképesség - Európai Unió, Gazdaságpolitika - Európai Unió
Additional Information: Bibliogr.: p. 106-107. ; összefoglalás angol nyelven
Subjects: 05. Social sciences
05. Social sciences > 05.02. Economics and business
05. Social sciences > 05.02. Economics and business > 05.02.03. Business and management
Date Deposited: 2021. Jan. 12. 09:11
Last Modified: 2021. Jan. 12. 09:11
URI: http://acta.bibl.u-szeged.hu/id/eprint/71543

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