Competition and Stability in Banking

Released on by Xavier Vives
preview-18

  • Competition and Stability in Banking Book Detail

  • Author : Xavier Vives
  • Release Date : 2020-11-03
  • Publisher : Princeton University Press
  • Genre : Business & Economics
  • Pages : 344
  • ISBN 13 : 0691210039
  • File Size : 82,82 MB
DOWNLOAD BOOK

Competition and Stability in Banking by Xavier Vives PDF Summary

Book Description: A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007–2009, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies. Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe and the United States, as well as in emerging economies. Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's impact on the industry's efficiency and effectiveness.

Disclaimer: www.yourbookbest.com does not own Competition and Stability in Banking books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Competition and Stability in Banking

Competition and Stability in Banking

File Size : 51,51 MB
Total View : 6560 Views
DOWNLOAD

A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici

Understanding Financial Stability

Understanding Financial Stability

File Size : 67,67 MB
Total View : 7055 Views
DOWNLOAD

Understanding Financial Stability undertakes an in-depth analysis of all the issues related to financial stability. It establishes a general framework for a hol

Restoring Financial Stability

Restoring Financial Stability

File Size : 59,59 MB
Total View : 2866 Views
DOWNLOAD

An insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world eco

Banking on Stability

Banking on Stability

File Size : 83,83 MB
Total View : 8870 Views
DOWNLOAD

An exploration of Japanese involvement in the resolution of international financial crises