عنوان

Canada's policy on financial system consolidation: A political economy of public policy transformation in an era of globalization

کد کشور

IR

شماره

201T

زبان متن نوشتاري يا گفتاري و مانند آن

انگلیسی

کشور محل نشر

IR

عنوان اصلي

Canada's policy on financial system consolidation: A political economy of public policy transformation in an era of globalization

نام عام مواد

[Thesis]

نام ناشر، پخش کننده و غيره

Carleton University (Canada): Canada

تاریخ نشرو بخش و غیره

: 2007

نام خاص و کميت اثر

484 pages

جزئيات پايان نامه و نوع درجه آن

Ph.D.

کسي که مدرک را اعطا کرده

, Carleton University (Canada): Canada

متن يادداشت

Positioning itself within the comparative and international political economy tradition, this study critically examines within a longer-term historical perspective and in a wider comparative context the transformation of the Canadian federal policy on financial system consolidation with a keen eye on whether or not, for the period between 1970 and 2005, the Canadian federal policy on bank mergers and acquisitions was converging on the U.S. model of bank merger governance. Special attention is focused not only on whether there are convergent trends or not, but also on understanding the dynamics involved particularly as regards to the role of globalization and regionalism in such transformation processes.The analytical framework developed in Part I is applied in Part II in the empirical investigation and comparison of the Canadian and U.S. bank merger policies. What emerge from this study are three key findings. First, while there has been a growing similarity in some aspects of the two countries' bank merger policies (e.g., policy objectives, competitive reviews), these convergent trends have not always been about Canada converging on the U.S. as, in some cases, it was the U.S. that followed Canada (e.g., in the scope and types of mergers governed, and nationwide branching). Secondly, despite the tendencies for convergence, Canadian and U.S. bank merger policies continue to exhibit distinctive characteristics in several key aspects (e.g., in institutional arrangements, geographic scope, concerns about concentration of power, substantive issues of law, and policy styles). Thirdly, although globalization and regionalism are potent sources of institutional change and that while some of the pressures toward greater policy convergence are undeniable and significant, but given that each country has unique historical, economic, political, ideological, and institutional conditions, all of which have (in varying degrees and at different historical moments) influenced and shaped the evolution, patterns, and directions of each country's financial regulatory regime, it is no wonder that there has not been substantial convergence around the American model of bank merger governance. These outcomes reflect the nature of globalization and regionalism (as both having homogenizing and heterogenizing tendencies) and the contested and historically contingent nature of the transformation processes of the Canadian and American bank merger policies. Thus, convergent tendencies have been just one of a number of possible (non-automatic, non-inexorable, and potentially reversible) institutional and policy outputs, outcomes and trajectories. These developments have serious economic, political and social implications that warrant further study.

موضوع مستند نشده

Canadian history

موضوع مستند نشده

Bank acquisitions & mergers

موضوع مستند نشده

Political economy

موضوع مستند نشده

Public policy

موضوع مستند نشده

Globalization

موضوع مستند نشده

Studies

اصطلاح موضوعی

Policy

اصطلاح موضوعی

Financial system consolidation

اصطلاح موضوعی

Political economy

اصطلاح موضوعی

Public policy

اصطلاح موضوعی

Globalization

مستند نام اشخاص تاييد نشده

Mohamed, Abdulghany F.

کشور

ایران

سازمان

National Center for Globalization Studies

وضعیت فهرست نویسی

old catalog

نوع ماده

TL

پیشوند ISBD اعمال شده است

1

سطح دسترسي

a

تكميل شده

Y