The fundamental principles of financial regulation /

"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 that thinking is flawed. Actions that banks take to make themselves safer can - in times of crisis...

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Bibliographic Details
Corporate Authors: International Center for Monetary and Banking Studies, Centre for Economic Policy Research (Great Britain)
Other Authors: Brunnermeier, Markus Konrad, Goodhart, C. A. E. (Charles Albert Eric), Persaud, Avinash, Andrew Crockett, Shin, Hyun
Format: Book
Language:English
Published: Geneva : London : International Center for Monetary and Banking Studies ; Centre for Economic Policy Research, [2009]
Series:Geneva reports on the world economy ; 11.
Subjects:
Description
Summary:"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 that 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" -- xvi
Physical Description:xxiii, 110 pages : illustrations ; 25 cm.
Bibliography:Includes bibliographical references (pages 108-110).
ISBN:9780955700972
0955700973