How to Avoid Another Banking Crisis
Publication Date: June 1984
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Catherine England
Research Area: Banking and finance
Keywords: Economy
Type: Report
Abstract:
The answer to today's banking problems is not additional regulation or more powerful regulators, which would only generate a future crisis as market conditions changed more rapidly than regulatory behavior. What U.S. banking needs is more reliance on market discipline and less on regulation.
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