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The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
- Format: Pocket/Paperback
- ISBN: 9781349327812
- Språk: Engelska
- Antal sidor: 296
- Utgivningsdatum: 2011-01-01
- Förlag: Palgrave Macmillan