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Board, the Basel Committee on Banking Supervision recently put forward substantial proposals on capital and liquidity. They …
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The paper provides a qualitative assessment of the role mainstream economic theory had in orienting Italy's banking … legislation from its political unification (1861) to the introduction of the 1936 Banking Act. Five regulatory regimes are … punctuated by two banking crises: the first (1907) vindicated economists who had stressed the need of a lender of last resort ï …
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