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Vander Stichele, M.

TitelRethinking liberalisation of banking services under the India-EU Free Trade Agreement  
AuteursK. Singh, M. Vander Stichele
EditorE. Reynolds
Jaar2009
UitgeverSOMO
PlaatsAmsterdam
Pagina's8
ISBN978-90-71284-45-8  
SerietitelSOMO Paper
SerienummerSeptember
OrganisatieSOMO - Centre for Research on Multinational Corporations
OnderwerpEconomic Development and Trade
Trefwoordentrade, finance, international cooperation
Regio'sSouth Asia, Europe
LandIndia
SamenvattingThe European Union (EU) and India are negotiating a free trade agreement (FTA) which encompasses liberalization and deregulation of financial services. This paper wants to raise policy issues that run much deeper than the current liberalisation debate and consider who will benefit and who will lose from the FTA. This paper first looks at the performance of EU banks in India, especially as compared to the developmental needs of the un-banked and underbanked regions and groups of people in India. Since the financial and economic crisis has highlighted the fact that liberalised and deregulated financial services have damaging effects on a country, this paper also analyses how free trade agreements potentially reinforce rather than mitigate those trends.  
TaalEngels
CategorieResearch
Soort documentRapport
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