Controversy: should we regulate the financial system?

Article Abstract:

The regulation of the financial system is analyzed from three different viewpoints. Kevin Dowd supports the "free banking" approach wherein the financial services sector operates in a free trade environment. Benston and Kaufman supports a limited but positive intervention wherein banks must meet regulations such as capital requirements and deposit insurance. Sheila Dow supports extensive regulations wherein the monetary system is treated a a risk-vulnerable public good. She also contends that better regulation is needed instead of deregulation.

Editorial, Research, Central banks, Financial institutions, Financial intermediation

---

Inflation targeting: what can the ECB learn from the recent experience of the Bank of England?

Article Abstract:

A study was conducted to analyze possible lessons in inflation targeting that the European Central Bank can learn from the experience of the Bank of England. These lessons correlate with determining targets, the utilization of various inflation measures, and compensating supply of information needed to promote inflation targeting. Results indicated that the European Central Bank should be more accountable and promote the use of a contracting approach in its operations.

Bank of England, European Central Bank

---

Privatising multi-product banks

Article Abstract:

The Israeli government became the owner of almost the whole banking system of the country after a stock market crash in Oct. 1983. It is now preparing for the privatization of these banks. The two proposals examined include spinning off entire divisions against splitting the banks into smaller banks. The substitutability between banking products is an important function in the analysis.

Analysis, Economic aspects, Israel, Privatization, Privatization (Business)

Similar abstracts:

• Abstracts: Classroom games: strategic interaction on the Internet. Classroom games: voluntary provision of a public good
• Abstracts: Libertarian paternalism. Design choices in privatized social security systems: learning from the Swedish experience
• Abstracts: EU enlargement and the internal geography of countries. Enlargement and the EU periphery: the impact of changing market potential
• Abstracts: How special is the special relationship? Using the impact of U.S. R&D spillovers on U.K. firms as a test of technology sourcing
• Abstracts: Commentary. Commentary: drug and vaccine pricing and innovation, what is the story?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.