| It's Broke, Let's Fix It: Rethinking Financial Regulation Contributor(s): Office of Justice Programs Bureau of Ju (Created by), Princeton University (Created by), International Journal of Central Banking (Created by) |
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ISBN: 1249455715 ISBN-13: 9781249455714 Publisher: Bibliogov OUR PRICE: $16.86 Product Type: Paperback - Other Formats Published: September 2012 |
| Additional Information |
| BISAC Categories: - Political Science |
| Physical Information: 0.12" H x 7.44" W x 9.69" (0.27 lbs) 58 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This paper considers a wide range of financial reform issues, focusing on macroprudential regulation and on the recent reforms in the United States-although the principles apply globally. It emphasizes such issues as the needs for a systemic risk regulator and an orderly resolution mechanism for systemically important financial institutions, the risks posed by proprietary trading and skewed compensation incentives, and the design of new capital and liquidity requirements for banks. Throughout, an attempt is made to relate concrete regulatory proposals to the abstract principles that should govern financial regulation. |