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Rationale for Banking Regulation 被引量:1

Rationale for Banking Regulation
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摘要 Banking is one of the most heavily regulated sectors across the world. Generally,the public suggests that banks are vital to economic stability. In addition, the development and efficiency of the banking system are significant contributors to overall economic growth. In addition, the article will provide an analysis of the key underlying reasons for the range of regulations that face the banking sector. Last but not the least, the article will concentrate on the four main considerations of the traditional rationale for banking regulation and supervision. Banking is one of the most heavily regulated sectors across the world. Generally,the public suggests that banks are vital to economic stability. In addition, the development and efficiency of the banking system are significant contributors to overall economic growth. In addition, the article will provide an analysis of the key underlying reasons for the range of regulations that face the banking sector. Last but not the least, the article will concentrate on the four main considerations of the traditional rationale for banking regulation and supervision.
作者 Chen Zhenyun
出处 《学术界》 CSSCI 北大核心 2015年第2期287-291,共5页 Academics
基金 sponsored by the Project of Youth Scientific Research Funds by Shanghai University of Political Science and Law in 2014(Project No.:2014XQN20)
关键词 银行监管 行业法规 行业监管 银行业 经济 banking banks supervision sector regulations credit vital concentrate lender reasons
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  • 1] Joseph J. Norton,"The New International financial Architecture and Global Banking Institutions" in Say Coo, Douglas Amer and Zhongfei Zhou ( eds), International Financial Sector Reform : Standard Setting and Infra- structure Development, Kluwer Law International ,2002, p. 13.
  • 2Dewatripent and Tirole( n 135 ). Also, Dirk Heremans, "Regulation of Banking and Financial Markets" in Boudewijn Bouckaert and Gerrit De Geest (eds) , Encyclopaedia of Law and Economics, Edward Elgar 2000, p. 956.
  • 3Pim Lescranwaet, Links between Institutional Investors and Banks, Background Paper for the Working Group institutional Investors, Global Savings and Asset Allocation of the Committee on the Global Financial Sys- tem,2006, http ://www. bis. org/publ/wgpapers/cgfs271escrauwaet, pdf.
  • 4The marketable assets are secured on the non -marketable assets( namely the receivables, like interest payments for a loan).See Philip R Wood, Project Finance, Securitisations, Subordinated Debt, Sweet & Maxwell, 2007,p. 112.
  • 5Kern Alexander, John Eatwell, Avinash Persand and Robert Reoch, Financial Supervision and Crisis Management in the EU, Study for the Policy Department on Economic and Scientific Policy of the European Parlia- ment IP/A/ECON/IC/2007 -069,2007, p. 8.
  • 6Martin Summer, Banking Regulation and Systemic Risk, Open Economies Review,2003(14), p. 43.
  • 7Charles Goodhart, Philipp Hartmann, David Llewellyn, Liliana Rojas - Sndrez and Steven Weis- brod, Financial Regulation : Why, how and where now, Routlodge, 1998, p. 10.
  • 8Bebenrcth, Dietrich and Vollmer( n 10), p. 182.
  • 9Yuk -Shec Chan, Stuart I. Greenbaum and Anjan V. Thakor, Is Fairly Priced Deposit Insurance Possi- ble, The Journal of Finance, 1992 (47), p. 227.
  • 10Sudipto Bhattacharya, Arnoud Boot and Anjan V. Thakor, The Economics of Bank Regulation, Journal of Money,Crodit and Banking,1998(30) ,p. 745.

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