As a result of the recent financial crisis, there has been significant public debate on the role of the financial sector in bringing about the ""Great Depression."" More generally, there has been debate about whether the current industry structure has enhanced social welfare or served a...

How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any...

Financing Africa takes stock of Africa's financial systems in light of recent changes in the global financial system -including the greater risk aversion of international investors, a shift in economic and financial powers towards emerging markets and the regulatory reform debate - and the...

Making Finance Work for Africa takes a panoramic view of Africa's financial systems, both at the large scale ("finance for growth") and the small scale ("finance for all"). Things are changing for the better in African finance. Credit growth is underway after a long pause, solid new...

Thorsten Beck, Europäisches Hochschulinstitut Florenz, sieht in einer wirksamen Regulierung und Aufsicht ein bewegliches Ziel, das sich an veränderte Umstände und Geschäftsmodelle der Banken anpassen müsse. Es gäbe mehrere politische Veränderungen, die die Widerstandsfähigkeit des...