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

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