Good Regulation, Bad Regulation: The Anatomy of Financial RegulationSpringer, 12 янв. 2016 г. - Всего страниц: 247 Since the 2007 2008 global financial crisis, there has been much debate about the role of financial regulation and the causes of financial instability in the industry. Where studies commonly question the value of a regulated rather than free market , this book focuses on the differentiation of 'good regulation' and 'bad regulation'. This book highlights the need for financial regulation to combat corruption, and the integral link that exists between corruption and financial instability. The author evaluates the benefits and shortcomings of specific types of regulation, drawing on recent examples to illustrate each argument. The book presents compelling arguments for the regulation of leverage, liquidity, payday loans and securitisation; and debates the negative aspects of the regulation of short selling, and high-frequency trading, and of Basel-style banking regulation. The author argues that there is no free-market solution to financial instability, and rejects the idea of 'too big to fail'. |
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Basel 2 5 and Basel 3 | |
Short Selling | |
HighFrequency Trading | |
Too Big to Fail BailOut and BailIn | |
Concluding Remarks | |
Другие издания - Просмотреть все
Good Regulation, Bad Regulation: The Anatomy of Financial Regulation Imad A. Moosa Ограниченный просмотр - 2016 |
Good Regulation, Bad Regulation: The Anatomy of Financial Regulation Imad A. Moosa Ограниченный просмотр - 2016 |
Good Regulation, Bad Regulation: The Anatomy of Financial Regulation Imad A. Moosa Недоступно для просмотра - 2015 |
Часто встречающиеся слова и выражения
activities algorithmic trading algorithms arbitrage argues argument bad regulation bailout bankers Basel accords Basel Committee Basel II BCBS borrowers capital adequacy capital charge capital ratio capital requirements cause cent central bank complex corruption costs countercyclical credit risk debt deregulation disclosure Dowd economic Economist effect equity example fail failure financial innovation financial institutions financial markets financial regulation financial sector financial system firms fraud free banking free market global financial crisis highfrequency traders implementation incentive insider information insider trading internal models investment investors laissezfaire lender leverage ratio liquidity risk longterm losses market liquidity market participants measure Moosa mortgage naked short selling operational risk OTC derivatives payday loans Pillar problem profit rating agencies regulation of short regulatory capital regulatory capture result risk management rules securities securitisation sellers short sales shortterm stock price strategies subprime suggests supervisory systemic risk TBTF Tier 1 capital underlying volatility