Globalization and Contemporary Banking: On the Impact of New Technology
(2008)
Journal Article
Lapavitsas, C., & Santos, P. D. (2008). Globalization and Contemporary Banking: On the Impact of New Technology. Contributions to Political Economy, 27, 31-56. https://doi.org/10.1093/cpe/bzn005
Technological change has contributed to recent changes in the conduct and character of banking, but its impact has been contradictory. First, money-dealing transactions have become cheaper, but investment costs have increased and a broader range of s... Read More about Globalization and Contemporary Banking: On the Impact of New Technology.