Financial Regulation and Supervision: A Review of Three Books (1987)

C. A. E. Goodhart
Additional contact information
C. A. E. Goodhart: London School of Economics

Chapter 21 in The Central Bank and the Financial System, 1995, pp 458-466 from Palgrave Macmillan

Abstract: Abstract Much attention is being paid to the regulation and supervision of financial institutions and in this field there have been three important books published recently. They are: • E.P.M. Gardener, UK Banking Supervision; Evolution, Practice and Issues (London: Allen & Unwin, 1986). • E.J. Kane, The Gathering Crisis in Federal Deposit Insurance (Cambridge, MA: MIT Press, 1985). • G.J. Benston, R.A. Eisenbeis, P.M. Horvitz, E.J. Kane and G.G. Kaufman Perspectives on Safe and Sound Banking: Past, Present and Future, (Cambridge, MA: MIT Press 1986). In the foreword to Kane’s book, Richard Schmalensee commented: Until quite recently this regulation (of financial services) has not received scholarly attention commensurate with its economic importance; it seemed to fall into a large crack, separating students of regulation, whose backgrounds rarely equipped them to analyse financial markets, and students of finance, who were not generally much interested in regulation and its effects. Recent events, such as greater interest rate volatility and credit risks, have, however, put increased pressure on regulatory systems, and have led economists to reassess the operation and adequacy of such regulation, as these three books attest.

Keywords: Credit Risk; Financial Regulation; Deposit Insurance; Insurance Agency; Bank Failure (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37915-2_21

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230379152

DOI: 10.1057/9780230379152_21

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().