Can Banks Be Made Safe?
Robert Pringle
Additional contact information
Robert Pringle: Central Banking Publications
Chapter 10 in The Money Trap, 2014, pp 159-179 from Palgrave Macmillan
Abstract:
Abstract During the years leading up to FinCR, traditional structures that had held the power of finance in check and channelled it to socially useful purposes lost their grip. Equally, conventional ways of assuring reasonable financial stability — whether by good risk-management, adequate capital, conservative provisioning, or regulatory oversight — had proved to be weak defences against the forces unleashed by globalization, innovation and the over-confidence bred by the long economic boom and ample liquidity.
Keywords: Monetary Policy; Central Bank; Financial Institution; Banking System; Hedge Fund (search for similar items in EconPapers)
Date: 2014
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:978-0-230-39275-5_10
Ordering information: This item can be ordered from
http://www.palgrave.com/9780230392755
DOI: 10.1057/9780230392755_10
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 ().