Title: The Regional Consequences of Completion of the EC Internal Market for Financial Services: An Overview and a Case Study of Scotland
Author: Begg, Iain
Author Affiliation: U Cambridge
Source: International Economic Journal, Spring 1992, v. 6, no. 1, pp. 17-43
Publication Date: Spring 1992
Abstract: The financial services sector is expected to be one in which the impact of the single European market will be particularly marked as fragmented national markets are opened to new competition. This paper considers how the changes engendered by "1990" in the financial services sector will affect different regions in the European Community. It surveys different types of regions and financial centers and suggests a typology for categorizing them. The paper also presents a case study of Scotland where the sector is an increasingly significant part of the economy.