Balancing the banks : global lessons from the financial crisis / Mathias Dewatripont, Jean-Charles Rochet, and Jean Tirole ; translated by Keith Tribe.

By:

Dewatripont, Mathias, 1959-

Contributor(s):

Material type: Text

TextLanguage: English Publisher: Princeton, NJ : Princeton University Press, 2010Description: 138 p. ; 23 cmISBN:

9780691145235
0691145237

Subject(s):

Genre/Form:

Electronic books.

Additional physical formats: No title; No titleDDC classification:

332.1

LOC classification:

HG 1573 D515b 2010

Contents:

Frontmatter -- Contents -- Acknowledgments -- CHAPTER 1 Introduction / Dewatripont, Mathias / Rochet, Jean-Charles / Tirole, Jean -- CHAPTER 2 Lessons from the Crisis / Tirole, Jean -- CHAPTER 3. The Future of Banking Regulation / Rochet, Jean-Charles -- CHAPTER 4. The Treatment of Distressed Banks / Dewatripont, Mathias / Rochet, Jean-Charles -- References -- Index

Summary: The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future. While some recent policy moves go in the right direction, others, the book argues, are not sufficient to prevent another crisis. The authors show the necessity of an adaptive prudential regulatory system that can better address financial innovation. Stressing the numerous and complex challenges faced by politicians, finance professionals, and regulators, and calling for reinforced international coordination (for example, in the treatment of distressed banks), the authors put forth a number of principles to deal with issues regarding the economic incentives of financial institutions, the impact of economic shocks, and the role of political constraints. Offering a global perspective, Balancing the Banks should be read by anyone concerned with solving the current crisis and preventing another such calamity in the future.

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Holdings
Item type	Current library	Home library	Collection	Shelving location	Call number	Copy number	Status	Date due	Barcode
Libro	Biblioteca Juan Bosch	Biblioteca Juan Bosch	Ciencias Sociales	Ciencias Sociales (3er. Piso)	HG 1573 D515b 2010 (Browse shelf(Opens below))	1	Available		00000149910

Translated from French.

Includes bibliographical references (p. [131]-136) and index.

The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future. While some recent policy moves go in the right direction, others, the book argues, are not sufficient to prevent another crisis. The authors show the necessity of an adaptive prudential regulatory system that can better address financial innovation. Stressing the numerous and complex challenges faced by politicians, finance professionals, and regulators, and calling for reinforced international coordination (for example, in the treatment of distressed banks), the authors put forth a number of principles to deal with issues regarding the economic incentives of financial institutions, the impact of economic shocks, and the role of political constraints. Offering a global perspective, Balancing the Banks should be read by anyone concerned with solving the current crisis and preventing another such calamity in the future.

Specialized.

English

Description based on online resource; title from PDF title page (publisher's Web site, viewed 08. Jul 2019)

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