Stumbling Blocks to Increasing Market Discipline in the Banking Sector PDF Download

Author: Julapa Jagtiani
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 33

View

Book Description

Author: Sebastian C. Moenninghoff
Publisher: Springer
ISBN: 3658238119
Category : Business & Economics
Languages : en
Pages : 181

View

Book Description
Sebastian Moenninghoff provides an extensive overview of the status of the ‘Too-Big-to-Fail’ doctrine post-crisis and develops the first comprehensive framework to categorize and discuss the full range of major policy options for regulating banks. Governments need to actively manage their exposure to banking system risk with the optimal policy mix depending on risk return preferences of a society and an economy’s institutional setting. The new regulation for global systemically important banks developed by international regulators following the financial crisis is a significant step in expanding the tools to manage government exposure to banking system risk.

Author: C. E. V. Borio
Publisher: MIT Press
ISBN: 9780262025751
Category : Business & Economics
Languages : en
Pages : 472

View

Book Description
Leading academics and policymakers address the theory of market discipline and consider evidence across different industries and countries. The effectiveness of market discipline -- the strong built-in incentives that encourage banks and financial systems to operate soundly and efficiently -- commands much attention today, particularly in light of recent accounting scandals. As government discipline, in the form of regulation, seems to grows less effective as the banking industry and financial markets grow more complex, the role of market discipline becomes increasingly important. In this collection, which grew out of a conference cosponsored by the Federal Reserve Bank of Chicago and the Bank for International Settlements in Basel, Switzerland, a diverse group of academics and policymakers address different aspects of the ability of market discipline to affect corporate behavior and performance. A major purpose of the book is to develop evidence on how market discipline operates across non-government regulated industries and in different countries, how successful it has been, and how it may transfer to a regulated industry. The chapters examine such topics as the theory of market discipline, evidence of market discipline in banking and other industries, evidence of market discipline for countries, the current state of corporate governance, and the interaction of market discipline and public policy.

Author:
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 132

View

Book Description

Author: Helena Marques
Publisher: LIT Verlag Münster
ISBN: 3825815455
Category : Globalization
Languages : en
Pages : 270

View

Book Description
Problems of integration and globalisation and the implications of such processes on individual countries have been on the spotlight of the economic debate among economists and politicians over the last decade. Both developed and developing countries are involved in the processes of trade and capital liberalisation, with the extent of gain or loss depending on their ability to explore the newly arising opportunities and to adapt their economies to the new international environment. This volume analyses some of these challenges brought by the movements towards a higher regional integration and higher international interdependency.

Author: Matthew Cabot Lowell
Publisher:
ISBN:
Category :
Languages : en
Pages : 132

View

Book Description

Author: Stijn Claessens
Publisher: World Bank Publications
ISBN:
Category : Bank
Languages : en
Pages : 48

View

Book Description
Financial intermediation and financial services industries have undergone many changes in the past two decades due to deregulation, globalization, and technological advances. The framework for regulating finance has seen many changes as well, with approaches adapting to new issues arising in specific groups of countries or globally. The objectives of this paper are twofold: to review current international thinking on what regulatory framework is needed to develop a financial sector that is stable, yet efficient, and provides proper access to households and firms; and to review the key experiences regarding international financial architecture initiatives, with a special focus on issues arising for developing countries. The paper outlines a number of areas of current debate: the special role of banks, competition policy, consumer protection, harmonization of rules-across products, within markets, and globally-and the adaptation and legitimacy of international standards to the circumstances facing developing countries. It concludes with some areas where more research would be useful.

Author: Aslı Demirgüç-Kunt
Publisher: World Bank Publications
ISBN: 2311540211
Category : Banks and banking
Languages : en
Pages : 52

View

Book Description
It is difficult to design and implement an effective safety net for banks, because overgenerous protection of banks may introduce a risk-enhancing moral hazard and destabilize the very system it is meant to protect. The safety net that policymakers design must provide the right mix of market and regulatory discipline, enough to protect depositors without unduly undermining market discipline on banks.

Author: D. Mayes
Publisher: Springer
ISBN: 0230288197
Category : Business & Economics
Languages : en
Pages : 312

View

Book Description
Improving Banking Supervision shows how greater market discipline can be used to help improve the quality of banks and their management in a world of increasing complexity, size and innovation. The book is based on research undertaken in the Nordic countries and New Zealand, and set in an international context through reference and comparison to the experiences of banks throughout the EU and the US. The authors show how traditional methods of regulation, particularly across borders face limits and can impose substantial costs on customers. They propose alternatives for today's international banks, based on a network of incentives to prudential behaviour and focusing on three main issues: - the development of transparent corporate structures - the public disclosure of comparable meaningful information so that markets can assess banks - the implementation of effective means to allow banks to exit without unacceptable costs to society

Author: Jan Winiecki
Publisher: Routledge
ISBN: 1134714521
Category : Business & Economics
Languages : en
Pages : 115

View

Book Description
Poland's transition from socialism to capitalism has largely been praised as a success story. In reality, however, according to this study, Poland's case is an 'incomplete' transition. Looking at the processes involved in economic transition, covering key issues including financial markets, labour markets, competition and intervention, social security, property rights and attitudes towards the changing political economy, this book provides a wide-ranging and invaluable study of economic development. It will be of great use to economists, those involved in Russian and East European studies, and political scientists.