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Stability in the Financial System (Hardcover)
Loot Price: R4,283
Discovery Miles 42 830
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Stability in the Financial System (Hardcover)
Series: Jerome Levy Economics Institute
Expected to ship within 10 - 15 working days
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Donate to Against Period Poverty
Total price: R4,303
Discovery Miles: 43 030
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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.
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