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Books > Business & Economics > Finance & accounting > Finance > Banking
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Restructuring the American Financial System (Hardcover, 1990 ed.)
Loot Price: R3,142
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Restructuring the American Financial System (Hardcover, 1990 ed.)
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In light of the periodic malfunctions in important sectors of the
finan cial services industry in recent years, such as commercial
banking, thrift institutions, and the securities market, numerous
proposals have been developed for restructuring the financial
system to improve both its safety and efficiency. Among the groups
analyzing the performance of the financial system and recommending
changes where necessary, has been the Shadow Financial Regulatory
Committee. This Committee, which is described in greater detail in
Chapter 1, consists of 12 independent banking experts from the
academic and practitioner worlds that meet quarterly to analyze
current developments in the financial services indus try and to
make recommendations for improvements that would be in the public
interest. The purpose of the Committee, its members, and a listing
of policy statements are included in the Appendix. All but one of
the chapters in this volume represent essays by indi vidual members
of the Committee on issues discussed by the Committee at recent
meetings and that, for the most part, resulted in policy state
ments. They basically discuss the reasons for the policy statement
adopted and place the issue in perspective. Where appropriate, the
rele vant section of the respective policy statement is presented
at the begin ning of each chapter. Each essay, however, reflects
only the views of the individual author and not necessarily those
of other members of the Committee or of the Committee as a whole."
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