TY  - BOOK
AU  - Litan,Robert E.
AU  - Rauch,Jonathan
TI  - American finance for the 21st century
SN  - 0815752881 (alk. paper)
AV  - HG 181 L775a 1998
U1  - 332/.0973 
PY  - 1998///
CY  - Washington, D.C.
PB  - Brookings Institution Press
KW  - Finance
KW  - United States
KW  - Banks and banking
KW  - Finanzas
KW  - Estados Unidos
KW  - Bancos
KW  - Economic conditions
KW  - Condiciones económicas
N1  - Includes bibliographical references (p. 193-201) and index; The financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity
N2  - 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
ER  -