Competition, Concentration and Efficiency of Commercial Banks in South Korea, Mainland China and Taiwan

Well-researched and informative, this record analyzes the development of commercial banks in China, Taiwan, and Korea. Utilizing empirical data, this detailed account demonstrates that the nature of the banking sector is monopolistic and that competition can not only coexist with consolidation, but also improve the efficiency of banks under normal circumstances. This valuable examination will interest bankers, investors, and academics alike. This book studies the development of commercial banks in Mainland China, Taiwan and South Korea. Based on empirical data, the author comes to the conclusion that the nature of the banking sector is monopolistic and that competition and consolidation can co-exist. The data also shows that competition and the number of banks operated are not necessarily related and that under normal circumstances competition can improve the efficiency of banks. Contents Preface to the Series Abbreviations Introduction Literature Review on Banks Competition Measurement of Competition and Concentration of Banks Measurement of Banking Efficiency Empirical Researches on Competition, Concentration and Efficiency of Banks Conclusion and Policy Suggestions Appendix Notes References Index