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The Fundamental Principles of Financial Regulation

by Andrew Crockett , Avinash Persaud , Charles Albert Eric Goodhart , Hyun Shin , International Center for Monetary and Banking Studies

📖 The Scoop

"Today's financial regulatory systems assume that regulations which make individual banks safe also make the financial system safe. The eleventh Geneva Report on the World Economy shows that this thinking is flawed. Actions that banks take to make themselves safer can - in times of crisis - undermine the system's stability. The Report argues for a different approach."--P. xvi.

Genre: Business & Economics / Economic Conditions (fancy, right?)

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