LEADER 05038nam 2201069Ia 450 001 9910810248503321 005 20200520144314.0 010 $a1-282-56913-9 010 $a9786612569135 010 $a1-4008-3464-3 024 7 $a10.1515/9781400834648 035 $a(CKB)2550000000011889 035 $a(EBL)537633 035 $a(OCoLC)642206030 035 $a(SSID)ssj0000412458 035 $a(PQKBManifestationID)11281106 035 $a(PQKBTitleCode)TC0000412458 035 $a(PQKBWorkID)10365985 035 $a(PQKB)11617151 035 $a(MiAaPQ)EBC537633 035 $a(StDuBDS)EDZ0000406700 035 $a(MdBmJHUP)muse36912 035 $a(DE-B1597)446994 035 $a(OCoLC)979579033 035 $a(DE-B1597)9781400834648 035 $a(Au-PeEL)EBL537633 035 $a(CaPaEBR)ebr10386054 035 $a(CaONFJC)MIL256913 035 $a(PPN)187955069 035 $a(EXLCZ)992550000000011889 100 $a20100107d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBalancing the banks$b[electronic resource] $eglobal lessons from the financial crisis /$fMathias Dewatripont, Jean-Charles Rochet, and Jean Tirole; translated by Keith Tribe 205 $aCourse Book 210 $aPrinceton $cPrinceton University Press$dc2010 215 $a1 online resource (149 p.) 300 $aDescription based upon print version of record. 311 $a0-691-16819-9 311 $a0-691-14523-7 320 $aIncludes bibliographical references and index. 327 $t Frontmatter -- $tContents -- $tAcknowledgments -- $tCHAPTER 1 Introduction / $rDewatripont, Mathias / Rochet, Jean-Charles / Tirole, Jean -- $tCHAPTER 2 Lessons from the Crisis / $rTirole, Jean -- $tCHAPTER 3. The Future of Banking Regulation / $rRochet, Jean-Charles -- $tCHAPTER 4. The Treatment of Distressed Banks / $rDewatripont, Mathias / Rochet, Jean-Charles -- $tReferences -- $tIndex 330 $aThe financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future. While some recent policy moves go in the right direction, others, the book argues, are not sufficient to prevent another crisis. The authors show the necessity of an adaptive prudential regulatory system that can better address financial innovation. Stressing the numerous and complex challenges faced by politicians, finance professionals, and regulators, and calling for reinforced international coordination (for example, in the treatment of distressed banks), the authors put forth a number of principles to deal with issues regarding the economic incentives of financial institutions, the impact of economic shocks, and the role of political constraints. Offering a global perspective, Balancing the Banks should be read by anyone concerned with solving the current crisis and preventing another such calamity in the future. 606 $aBanks and banking$xGovernment policy 606 $aBanks and banking$xState supervision 606 $aGlobal Financial Crisis, 2008-2009 606 $aFinancial crises$xHistory$y21st century 610 $aBasel Accords. 610 $aG20 countries. 610 $abanking industry. 610 $abanking regulation. 610 $abanking sector. 610 $acapital requirements. 610 $acredit-rating agency. 610 $adistressed banks. 610 $aeconomy. 610 $afinancial crises. 610 $afinancial crisis. 610 $afinancial industry. 610 $afinancial innovation. 610 $afinancial institution. 610 $afinancial policy. 610 $afinancial regulation. 610 $afinancial system reform. 610 $aglobal finance. 610 $ainternational cooperation. 610 $ainternational financial regime. 610 $aprudential regulation. 610 $areal estate lending. 610 $aregulatory reform. 610 $astate aid. 610 $asubsidies. 615 0$aBanks and banking$xGovernment policy. 615 0$aBanks and banking$xState supervision. 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aFinancial crises$xHistory 676 $a332.1 686 $aQK 640$2rvk 700 $aDewatripont$b M$g(Mathias)$0140528 701 $aRochet$b Jean-Charles$0140852 701 $aTirole$b Jean$060161 701 $aTribe$b Keith$0123243 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910810248503321 996 $aBalancing the banks$94062568 997 $aUNINA