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Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.

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IEA Hobart - 37: Verdict on the Crash, Philip Booth, James Alexander, Michael Beenstock, Eamonn Butler, Tim Congdon, Laurence S. Copeland, Kevin Dowd, John Greenwood, Samuel John Gregg, John Kay, David T. Llewellyn, Alan D. Morrison, D. R. Myddelton, Anna J. Schwartz, Geoffrey Wood

Sprache
Erscheinungsdatum
2009
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Titel
IEA Hobart - 37: Verdict on the Crash
Untertitel
Causes and Policy Implications
Sprache
Englisch
Einband
Paperback
ISBN10
0255366353
ISBN13
9780255366359
Reihe
Bewertung
4 von 5 Sternen
Beschreibung
Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.