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About Why Are there So Many Banking Crises?
Among economists' explanations are moral hazard, ill-judged capital adequacy rules and the incompetence of supervisors. Jean-Charles Rochet, a leading authority on banking, argues the real problem lies with politicians who too often insist on rescuing insolvent banks for short-term reasons of their own. [W]hatever the verdict on the policy proposals, the book makes interesting reading in current circumstances.(John Plender Financial Times )The book provides an excellent introduction to the theory of banking regulation. . . . I can recommend the book to anyone interested in a formal, academic approach to banking regulation. The concise conclusions of the individual articles provide valuable ideas for changes in banking regulation.(Bernd Brommundt Financial Markets and Portfolio Management )
Detailed Information
| Author: | Rochet J.-C. |
|---|---|
| Publication Year: | 2008 |
| ISBN: | 9780691131467 |
| Pages: | 323 |
| Language: | English |
| File Size: | 1.34 |
| Format: | |
| Price: | FREE |
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