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Competition and Stability in Banking: The Role of Regulation and Competition Policy
By Xavier Vives
eBook
$35.00
By Xavier Vives
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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 fr...