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Keep it simple : policy responses to the financial crisis /

Bibliographic Details
Main Author: Di Noia, Carmine
Corporate Author: Centre for European Policy Studies (Brussels, Belgium)
Other Authors: Micossi, Stefano, Carmassi, Jacopo, Peirce, Fabrizia
Format: Book
Language:English
Published: Brussels : Centre for European Policy Studies, [2009]
Subjects:
Financial crises > Government policy.
Banks and banking > State supervision.
Monetary policy.
Foreign exchange rates.
Bank capital > Government policy.
Table of Contents:
  • Executive summary
  • Introduction
  • 1. The macro-policy faults
  • 2. Regulation, innovation and financial instability
  • 3. Crisis management
  • 3.1. Central banks on the firing line
  • 3.2. Enter the state
  • 3.3. Toxic assets, bad banks and nationalisation
  • 3.4. Strengthened tools for crisis management
  • 4. Regulatory architecture
  • 4.1. Banks and non-banks in a sound regulatory system
  • 4.2. Supervision by objectives
  • 5. The regulator's tool box
  • 5.1. Capital requirements
  • 5.2. Fixing management incentives
  • 5.3. About transparency and market integrity
  • 6. Coping with an unstable macro-financial environment
  • 7. Our main proposals
  • Appendix : chronology of main events, 2007-2009