Financial Stability and Central Banks : A Global Perspective

ISBN-13: 9780415257756 / Angielski / Twarda / 2001 / 288 str.

Peter Sinclair; Peter Sinclair; Juliette Healey

Opis

Recent events remind us how crucial it is that the banking and payments system should be protected from risks and crises. The difficulties that beset Indonesia, South Korea and Thailand in 1997 are a vivid example. So too are the acute problems confronting Russia in 1998, and the chronic financial malaise that underlies Japan's macroeconomics underperformance throughout the 1990's. Even more dramatic was the banking and economic collapse in the United States and much of Europe in the 1930's. It is a prime responsibility for central banks to try and prevent and contain the financial crises that could precipitate such a calamity. This book developed from the Central Bank Governors' Symposium on Financial Stability and written by policy makers, offers an informed account of contemporary policy issues and explores the legal, regulatory, managerial and economic issues that affect central banks.

Spis treści

1: Financial stability and central banks: an introduction; 2: Financial stability and the Bank: international evidence; 3: The organizational structure of banking supervision; 4: Alternative approaches to regulation and corporate governance in financial terms; 5: Bank capital requirements and the control of bank failure; 6: Crisis management, lender of the last resort and the changing nature of the banking industry; 7: International capital movements and the international dimension to financial crises; 8: Some concluding comments

O autorze

Brearley, Richard ; Healey, Juliette ; Sinclair, Peter J N ; Goodhart, Charles ; Llewellyn, David T.; Shu, Chang