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Stability in the Financial System

Name: Stability in the Financial System
Brand: PALGRAVE MACMILLAN
SKU: 04596145
Price: 181.49 EUR
Availability: InStock
Author: Dimitri B. Papadimitriou
ISBN: 9780333615065

Dimitri B. Papadimitriou

Language

English

Book Hardback

Libristo code: 04596145

Publishers PALGRAVE MACMILLAN, July 1996

The S&L crisis of the 1990s has given many a reason to review the events which led to a (in many way... Full description

Libristo code: 04596145

444 b

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The S&L crisis of the 1990s has given many a reason to review the events which led to a (in many ways) similar banking crisis sixty years ago, and the subsequent legislation of the Emergency Banking Act, the Banking Act of 1933, the Banking Act of 1935, and other related legislation. The reconstituted financial structure produced the longest period of financial stability in the US history, lasting one-half of a century. The book has two goals: provide an understanding of the reasons the banking reforms enacted in the 1930s were so successful; and present a set of policy proposals which offer the institutional provisions for both the financing of the capital development of the economy, and a safe payments system.