Financial Regulation: Why, How and Where Now? / Edition 1

by Charles Goodhart, Philipp Hartmann, David T. Llewellyn, Liliana Rojas-Suarez, Steven Weisbrod

Overview

Financial Regulation presents an important restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what'sort of countries and sectors require special attention and policies. Key topics covered include:
* the need to recast the form of regulation
* incentive structures for financial regulation
* proportionality
* new techniques for risk management
* regulation in emerging countries
* crisis management
* prospects for financial regulation in the future.

Product Details

ISBN-13:	9780415185059
Publisher:	Taylor & Francis
Publication date:	05/21/1998
Series:	CENTRAL BANK GOVERNOR'S SYMPOSIUM
Edition description:	New Edition
Pages:	272
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Charles Goodhart is Deputy Director of the Financial Markets Group and Norman Sosnow Professor of Banking and Finance at the London School of Economics and was recently appointed a member of the Bank of England Monetary Policy Committee.Philipp Harrmann was Research Fellow for Financial Regulation at the LSE's Financial Markets Group at the time of this book's preparation and is now an economist at the European Monetary Institute in Frankfurt., David Llewellyn is Professor of Money and Banking at Loughborough University and a director of the Personal Investment Authority., Liliana Rojas-Suárez is Principal Adviser at the Inter-American Development Bank, Washington, DC. Steven Weisbrod is an independent consultant who specialises in analysing financial institutions and markets for government and international agencies and private corporations.George Eddie Governor of the Bank of England.

Table of Contents

Chapter 1 The rationale for regulation; Chapter 2 Barings and the need to recast the form of external regulation in developed countries; Chapter 3 Incentive structures for financial regulation; Chapter 4 Proportionality; Chapter 5 The new techniques for risk management; Chapter 6 Regulation in developing countries; Chapter 7 Managing financial crises in industrial and developing countries; Chapter 8 The institutional structure of financial regulation; Chapter 9 Summary of policy conclusions; Appendix Central Bank Governors' Symposium Part Icipant; Notes; Bibliography; Index;

Editorial Reviews

Addresses the question of how financial regulation should adjust in an age of globalization and financial complexity. The text, published in association with the Bank of England, covers incentive structures for financial regulation, new techniques for risk and crisis management, regulation in developing countries, and the institutional structure of financial regulation. Annotation c. by Book News, Inc., Portland, Or.

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