Author: | Jill M. Hendrickson | ISBN: | 9780230295131 |
Publisher: | Palgrave Macmillan UK | Publication: | December 8, 2010 |
Imprint: | Palgrave Macmillan | Language: | English |
Author: | Jill M. Hendrickson |
ISBN: | 9780230295131 |
Publisher: | Palgrave Macmillan UK |
Publication: | December 8, 2010 |
Imprint: | Palgrave Macmillan |
Language: | English |
The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.