|
|
|||
|
||||
OverviewRevolutionary changes rocked financial markets in the 1980s and 1990s: the collapse and government bailout of the thrifts, the shrinking of traditional banking, the growing dominance of institutional investors, the mushrooming of derivatives markets, and the expansion of trading in foreign securities.Franklin R. Edwards describes these changes and the reasons for them -- and their consequences for the financial system and for regulatory policy. He examines the implications of the growth of mutual funds and derivatives markets for systemic stability and whether the decline in traditional banking undercuts monetary policy effectiveness. The author proposes a new regulatory approach that would facilitate adjustment to the new financial realities and bolster financial stability. Index. Full Product DetailsAuthor: Franklin R. EdwardsPublisher: AEI Press Imprint: AEI Press Dimensions: Width: 15.80cm , Height: 2.40cm , Length: 23.00cm Weight: 0.544kg ISBN: 9780844739885ISBN 10: 084473988 Pages: 227 Publication Date: 01 September 1996 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
||||