The Bankers' New Clothes : What's Wrong with Banking and What to Do about It - Updated Edition /

What is wrong with today's banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim a...

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Bibliographic Details
Main Author: Admati, Anat R.
Other Authors: Hellwig, Martin F.
Format: Electronic eBook
Language:Inglés
Published: Princeton : Princeton University Press, 2013.
Series:Book collections on Project MUSE.
Subjects:
Wirtschaftswachstum
Regulierung
Kreditwesen
Finanzkrise
Bankrecht
Bankgeschäft
Bankenaufsicht
Financial institutions > Government policy.
Financial crises > Prevention.
Banks and banking.
Contrôle bancaire.
Politique financiere.
Crise financiere.
Activite bancaire internationale.
Institutions financieres.
Banques.
BUSINESS & ECONOMICS > Banks & Banking.
Institutions financieres > Politique gouvernementale.
Electronic books.
Online Access:Texto completo
Description
Summary:What is wrong with today's banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Admati and Hellwig argue we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society. T.
Physical Description:1 online resource (424 pages).
ISBN:9781400851195

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