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American finance for the 21st century / Robert E. Litan with Jonathan Rauch.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Washington, D.C. : Brookings Institution Press, c1998.Description: viii, 211 pages : illustrations ; 24 cmISBN:
  • 0815752881 (alk. paper)
  • 9780815752882 (alk. paper)
Subject(s): DDC classification:
  • 332/.0973
LOC classification:
  • HG 181 L775a 1998
Contents:
The financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity.
Summary: This book, originally prepared as a report to Congress by the Treasury Department, presents a framework for setting policy toward the financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles: an enhanced role for competition, a shift in emphasis from preventing failures of financial institutions at all cost toward containing the damage of the failures that inevitably occur in a competitive market, and a greater reliance on more targeted interventions to achieve policy goals rather than broad measures such as flat prohibitions on certain activities
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Holdings
Item type Current library Home library Collection Shelving location Call number Copy number Status Date due Barcode
Libro Libro Biblioteca Juan Bosch Biblioteca Juan Bosch Ciencias Sociales Ciencias Sociales (3er. Piso) HG 181 L775a 1998 (Browse shelf(Opens below)) 1 Available 00000165268

Includes bibliographical references (p. 193-201) and index.

The financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity.

This book, originally prepared as a report to Congress by the Treasury Department, presents a framework for setting policy toward the financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles: an enhanced role for competition, a shift in emphasis from preventing failures of financial institutions at all cost toward containing the damage of the failures that inevitably occur in a competitive market, and a greater reliance on more targeted interventions to achieve policy goals rather than broad measures such as flat prohibitions on certain activities

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