Shadow Banking

Scope, Origins and Theories

Business & Finance, Finance & Investing, Banks & Banking, Economics
Cover of the book Shadow Banking by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781315511597
Publisher: Taylor and Francis Publication: August 7, 2017
Imprint: Routledge Language: English
Author:
ISBN: 9781315511597
Publisher: Taylor and Francis
Publication: August 7, 2017
Imprint: Routledge
Language: English

Shadow banking – a system of credit creation outside traditional banks – lies at the very heart of the global economy. It accounts for over half of global banking assets, and represents a third of the global financial system. Although the term ‘shadow banking’ only entered public discourse in 2007, the importance and scope of this system is now widely recognised by the international policy-makers. There is, however, much less consensus on the origins of the shadow banking system, what role it plays in global political economy and the optimal approach to regulating this complex segment of finance. This volume addresses these questions.

Shadow Banking is the first study to bring together the insights from financial regulators, practitioners and academics from across the social sciences. The first part traces the evolution and ongoing confusion about the meaning of ‘shadow banking’. The second section draws major lessons about shadow banking as posed by the financial crisis of 2007–09, providing comparative analyses in the US and Europe, and attempts to establish why shadow banking has emerged and matured to the level of a de facto parallel financial system. Finally, the third part goes beyond current regulatory concerns about shadow banking and explains why it is ‘here to stay’.

This volume is of great importance to political economy, banking and international political economy.

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

Shadow banking – a system of credit creation outside traditional banks – lies at the very heart of the global economy. It accounts for over half of global banking assets, and represents a third of the global financial system. Although the term ‘shadow banking’ only entered public discourse in 2007, the importance and scope of this system is now widely recognised by the international policy-makers. There is, however, much less consensus on the origins of the shadow banking system, what role it plays in global political economy and the optimal approach to regulating this complex segment of finance. This volume addresses these questions.

Shadow Banking is the first study to bring together the insights from financial regulators, practitioners and academics from across the social sciences. The first part traces the evolution and ongoing confusion about the meaning of ‘shadow banking’. The second section draws major lessons about shadow banking as posed by the financial crisis of 2007–09, providing comparative analyses in the US and Europe, and attempts to establish why shadow banking has emerged and matured to the level of a de facto parallel financial system. Finally, the third part goes beyond current regulatory concerns about shadow banking and explains why it is ‘here to stay’.

This volume is of great importance to political economy, banking and international political economy.

More books from Taylor and Francis

Cover of the book Design and Construction of High-Performance Homes by
Cover of the book The Dynamics Of Education by
Cover of the book Power to Teach by
Cover of the book Sport and Architecture by
Cover of the book Greed to Green by
Cover of the book Measures and Handling Data by
Cover of the book Acquiring conversational competence by
Cover of the book Select Documents illustrating the Four Voyages of Columbus by
Cover of the book Identity by Design by
Cover of the book Psychological Trauma and the Developing Brain by
Cover of the book Diary of A Deputy by
Cover of the book Liberty by
Cover of the book IT for All by
Cover of the book Pacification by
Cover of the book Education and Society in Bhutan by
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