EconStor >
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen >
RWI Materialien >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/61148
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKösters, Wimen_US
dc.contributor.authorPaul, Stephanen_US
dc.contributor.authorStein, Stefanen_US
dc.date.accessioned2011-09-08en_US
dc.date.accessioned2012-08-21T13:45:06Z-
dc.date.available2012-08-21T13:45:06Z-
dc.date.issued2004en_US
dc.identifier.isbn3-936454-18-3en_US
dc.identifier.piurn:nbn:de:101:1-200910191302en_US
dc.identifier.urihttp://hdl.handle.net/10419/61148-
dc.description.abstractAlthough the aims of the proposed new CCD are positive, the current draft is unlikely to help to fulfil them. The regulations that are intended to protect consumers seem to work against their interests. They would not make the market more transparent or effective, increase the level of protection, or harmonise legislation throughout the EU. Instead, the proposals (which are well intended but excessive) would weaken the spirit of competition on both the supply and demand sides. Consumer protection with a proper degree of moderation would involve regulation that strikes a balance between the consumer's (1) justified right to protection, (2) obligation to act responsibly and (3) right to self-determination instead of schoolmarmish government intervention. It will become more important to enable consumers to protect themselves. This can only be achieved by providing them with appropriate advice and information; bank regulation is the wrong policy instrument for this.en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRWI Materialien 9en_US
dc.subject.ddc330en_US
dc.titleAn economic analysis of the EU commission's proposal for a new Consumer Credit Directive: Offering consumers more protection or restricting their options?en_US
dc.typeResearch Reporten_US
dc.identifier.ppn667991999en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des RWI
RWI Materialien

Files in This Item:
File Description SizeFormat
667991999.pdf183.77 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.