The financial crisis and the regulation of finance / edited by Christopher J. Green, Eric J. Pentecost, Tom Weyman-Jones.

Format:

Book

Contributor:

Green, Christopher J.

Pentecost, Eric J.

Weyman-Jones, Tom.

Language:

English

Subjects (All):

Banks and banking--State supervision.

Banks and banking.

Financial institutions--State supervision.

Financial institutions.

Financial services industry--Government policy.

Financial services industry.

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource (296 p.)

Place of Publication:

Cheltenham, UK ; Northampton, MA : Edward Elgar, 2011.

Language Note:

English

Summary:

The 2007-08 financial crisis has posed substantial challenges for bankers, economists and regulators: was it preventable, and how can such crises be avoided in future? This book addresses these questions. The Financial Crisis and the Regulation of Finance includes a comprehensive overview of the crisis and reviews the theory and practise of regulation in the UK and worldwide. The contributors - all international experts on financial markets and regulation - provide perspectives and analysis on macro-prudential regulation, the regulation of financial firms, and the role of shareholders and disc

Contents:

Cover; Copyright; Contents; Figures; Tables; Contributors; Abbreviations; PART ONE The financial crisis; 1. Introduction; 2. 'The day the music died': the financial tsunami of 2007-09; 3. An emerging markets perspective on the recent crisis; PART TWO Regulation in retrospect and prospect; 4. Economic evidence and financial regulation; 5. The economic rationale for financial regulation reconsidered: an essay in honour of David Llewellyn; 6. Moral hazard; PART THREE Macroprudential regulation; 7. Implementing the macroprudential approach to financial regulation and supervision

8. Rules for money and rules for finance: a new relationship after the crisis?9. Financial crises from 1803 to 2009: the crescendo of moral hazard; PART FOUR Regulation of financial firms; 10. Early intervention and prompt corrective action in Europe; 11. The world of unintended consequences: a post-mortem on Regulation Q and prologue for the future; 12. UK financial reform post crisis: is more regulation the answer?; PART FIVE Information, shareholders and projects

13. Asymmetries in financial information, risk and know-how:the roles of disclosure rules, financial safety nets and market discipline14. 'The new masters of the universe': institutional shareholder engagement and the regulation and governance of banks; 15. Minimizing collateral damage: options for financing public-private partnerships in the wake of the financial crisis; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-283-07827-9

9786613078278

1-84980-871-6

OCLC:

721194362