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After the Crash - The Future of Finance (Paperback)
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After the Crash - The Future of Finance (Paperback)
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"As the global economy continues to weather the effects of the
recession brought on by the financial crisis of 2007-08, perhaps no
sector has been more affected and more under pressure to change
than the industry that was the focus of that crisis: financial
services. But as policymakers, financial experts, lobbyists, and
others seek to rebuild this industry, certain questions loom large.
For example, should the pay of financial institution executives be
regulated to control risk taking? That possibility certainly has
been raised in official circles, with spirited reactions from all
corners. How will stepped-up regulation affect key parts of the
financial services industry? And what lies ahead for some of the
key actors in both the United States and Japan? In After the Crash,
noted economists Yasuyuki Fuchita, Richard Herring, and Robert
Litan bring together a distinguished group of experts from academia
and the private sector to take a hard look at how the financial
industry and some of its practices are likely to change in the
years ahead. Whether or not you agree with their conclusions, the
authors of this volume-the most recent collaboration between
Brookings, the Wharton School, and the Nomura Institute of Capital
Markets Research-provide well-grounded insights that will be
helpful to financial practitioners, analysts, and policymakers. "
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