LEADER 03126nam 2200493 450 001 9910466301403321 005 20180328115945.0 010 $a1-63157-438-8 035 $a(CKB)3710000001300051 035 $a(BEP)4850734 035 $a(OCoLC)986606082 035 $a(CaBNVSL)swl00407348 035 $a(MiAaPQ)EBC4850734 035 $a(EXLCZ)993710000001300051 100 $a20191228d2017 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aTowards a safer world of banking $ebank regulation after the subprime crisis /$fT. T. Ram Mohan 205 $aFirst edition. 210 1$aNew York, NY :$cBusiness Expert Press,$d2017. 215 $a1 online resource (xvi, 166 pages) 225 1 $aFinance and Financial Management Collection 311 $a1-63157-437-X 320 $aIncludes bibliographical references and index. 327 $a1. Banking crises -- 2. Causes of the subprime crisis -- 3. Regulatory reform since the crisis -- 4. Addressing the too-big-to-fail problem -- 5. A safer world of banking: out of the box proposals -- Notes -- References -- Index. 330 3 $aIn 2007, the United States faced a financial crisis that severely impacted the U.S. economy as well as the world economy. Indeed, the financial crisis of 2007 has been characterized as the worst since the Great Crash of 1929. The world economy is yet to recover from the impact. This book seeks to address a number of issues thrown up by the crisis of 2007: Why do banking crises happen so often and why is their impact so severe? What were the main causes of the subprime crisis? In terms of bank regulation, what steps have been taken to prevent such crises in the future and make banking safer? Is banking today indeed safer than in 2007? If not, what are the issues that remain to be addressed in regulatory terms? The book contends that, while several factors can be blamed for the financial crisis of 2007, a failure of regulation was the most important one. After assessing the changes to bank regulation that have happened since, it concludes that these are not good enough to make the banking system considerably safer than before. It argues that we need to look at radical, out-of-the-box solutions if another major financial upheaval is to be prevented. The book is aimed primarily at students of business management, economics and international economics, and at bank executives. It should also be of interest to general readers who are curious to know what the subprime crisis was all about. 410 0$aFinance and financial management collection. 606 $aBanking law$zUnited States 606 $aGlobal Financial Crisis, 2008-2009 608 $aElectronic books. 615 0$aBanking law 615 0$aGlobal Financial Crisis, 2008-2009. 676 $a346.73082 700 $aMohan$b T. T. Ram$0920059 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910466301403321 996 $aTowards a safer world of banking$92063895 997 $aUNINA