Capa

REGULATION AND INSTABILITY IN U.S. COMMERCIAL BANKING IBD

PALGRAVE MACMILLAN
12 / 2010
9781349327805
Inglês

Sinopse

The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.