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Competition and Stability in Banking: The Role of Regulation and Competition Policy

Xavier Vives




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 | #1022880 in eBooks |  2016-08-02 |  2016-08-02 | File type: PDF

||1 of 1 people found the following review helpful.| a must read for those following the debate on banking and financial stability|By Customer|synthesizes the most essential arguments on the current debate about the industrial organization of banking in relation to monetary policy and international finance. excellent reference and theoretical framework| |"The book is worth reading from cover to cover. It is thoughtful, well written, lucidly surveys some well-known material, and brings useful insights using some of the tools of industrial organisation economics."--Geoffrey Wood, Central Banking Journal

Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007–2009, which originated from an oversupply of credit, once again raised questions about excess...

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