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The economics of the `Big Bang`

By: Language: English Series: Midland Bank Review ; Summer 1987, 6-15(10)Publication details: 1987Subject(s): Summary: The aim of this article is to explore the underlying economic issues involved in the recent structural changes in the City. It starts by considering the main economic causes and consequences of these developments. The identity and behaviour of the main participants in financial markets will change, and this requires an assessment of accompanying adjustments in the regulatory framework.(Journal Abstract)

The aim of this article is to explore the underlying economic issues involved in the recent structural changes in the City. It starts by considering the main economic causes and consequences of these developments. The identity and behaviour of the main participants in financial markets will change, and this requires an assessment of accompanying adjustments in the regulatory framework.(Journal Abstract)