E-finance

recent developments and policy implications

Setsuya Sato, John HAWKINS, Aleksander Berentsen

Research output: A Conference proceeding or a Chapter in BookChapter

Abstract

The internet begun to profoundly affect how financial services are delivered. On the one hand, the Internet affords convenience, price transparency, broader access to information, and lower cost; on the other hand, financial services are data-intensive and generally require no physical delivery. Combining the two should give the perfect environment for new entrants to build substantial businesses, go up the value chain, and compete on price.
Original languageEnglish
Title of host publicationTracking a Transformation
Subtitle of host publication E-commerce and the Terms of Competition in Industries
EditorsStephen Cohen, John Zysman, Peter Cowhey
PublisherBrookings Institution Press
Chapter3
Pages64-91
Number of pages28
ISBN (Print)9780815700678
Publication statusPublished - Nov 2001

    Fingerprint

Cite this

Sato, S., HAWKINS, J., & Berentsen, A. (2001). E-finance: recent developments and policy implications. In S. Cohen, J. Zysman, & P. Cowhey (Eds.), Tracking a Transformation: E-commerce and the Terms of Competition in Industries (pp. 64-91). Brookings Institution Press.