Central Bank Regulation and the Financial Crisis

A Comparative Analysis

Business & Finance, Finance & Investing, Banks & Banking, Economics
Cover of the book Central Bank Regulation and the Financial Crisis by Miao Han, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Miao Han ISBN: 9781137563088
Publisher: Palgrave Macmillan UK Publication: October 20, 2015
Imprint: Palgrave Macmillan Language: English
Author: Miao Han
ISBN: 9781137563088
Publisher: Palgrave Macmillan UK
Publication: October 20, 2015
Imprint: Palgrave Macmillan
Language: English

The respective legal frameworks that control central banks are shaped by whether they are market oriented or government controlled. However such stark distinction between these two categories has been challenged in view of the varying styles of crisis management demonstrated by different central banks during the crisis. This book uses comparative analysis to investigate how the global financial crisis challenged the role played by central banks in maintaining financial stability. Focusing on four central banks including the US Federal Reserve System, the Bank of England, the Bank of Japan and the People's Bank of China, it illustrates the similarities between the banks prior to the crisis, and their similar policy responses in the wake of the crisis. It demonstrates how each operated with varying levels of independence while performing very differently and facing different tasks. The book identifies some central explanatory variables for this behavior, addressing the mismatch of similar risk management solutions and varying outcomes. Central Bank Regulation and The Financial Crisis: A Comparative Analysis explores the legal challenges within central bank regulation presented by the global financial crisis. It emphasizes the importance of, and the limitations involved in, legal order and argue that in spite of integration and globalization, significant differences exist in central banks' approaches to risk management and financial stability.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The respective legal frameworks that control central banks are shaped by whether they are market oriented or government controlled. However such stark distinction between these two categories has been challenged in view of the varying styles of crisis management demonstrated by different central banks during the crisis. This book uses comparative analysis to investigate how the global financial crisis challenged the role played by central banks in maintaining financial stability. Focusing on four central banks including the US Federal Reserve System, the Bank of England, the Bank of Japan and the People's Bank of China, it illustrates the similarities between the banks prior to the crisis, and their similar policy responses in the wake of the crisis. It demonstrates how each operated with varying levels of independence while performing very differently and facing different tasks. The book identifies some central explanatory variables for this behavior, addressing the mismatch of similar risk management solutions and varying outcomes. Central Bank Regulation and The Financial Crisis: A Comparative Analysis explores the legal challenges within central bank regulation presented by the global financial crisis. It emphasizes the importance of, and the limitations involved in, legal order and argue that in spite of integration and globalization, significant differences exist in central banks' approaches to risk management and financial stability.

More books from Palgrave Macmillan UK

Cover of the book Customers at Work by Miao Han
Cover of the book The New War Plays by Miao Han
Cover of the book Understanding the Globalization of Intelligence by Miao Han
Cover of the book Migration, Transnationalism and Catholicism by Miao Han
Cover of the book Surveillance Schools by Miao Han
Cover of the book Islam, Security and Television News by Miao Han
Cover of the book Policy-Making in EU Security and Defense by Miao Han
Cover of the book The Politics of Emerging Strategic Technologies by Miao Han
Cover of the book Business Strategies and Competitiveness in Times of Crisis by Miao Han
Cover of the book British Television Animation 1997-2010 by Miao Han
Cover of the book Antisemitism and Islamophobia in Europe by Miao Han
Cover of the book Nazi-Organized Recreation and Entertainment in the Third Reich by Miao Han
Cover of the book Evaluating European Education Policy-Making by Miao Han
Cover of the book Political Cultural Developments in East Asia by Miao Han
Cover of the book Heritage Crime by Miao Han
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy