The Deregulation Of Banking

Author : Charles W. Calomiris
Publisher : Cambridge University Press
Page : 392 pages
File Size : 50,5 Mb
Release : 2006-11-02
Category : Business & Economics
ISBN : 9780521028387

Get Book

U.S. Bank Deregulation in Historical Perspective by Charles W. Calomiris Pdf

This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-customer relationships. Over the past two decades the characteristics that had made American banks different from other banks throughout the world--a fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer--virtually have been eliminated. Understanding the origins and persistence of the unique banking regulations that defined U.S. banking for over a century lends an important perspective on the economic and political causes and consequences of the current process of deregulation.

Author : Nancy L. Rose
Publisher : University of Chicago Press
Page : 619 pages
File Size : 51,9 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780226138169

Get Book

Economic Regulation and Its Reform by Nancy L. Rose Pdf

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Author : Itzhak Swary,Yiṣḥāq Swary,Barry Topf
Publisher : John Wiley & Sons
Page : 521 pages
File Size : 50,9 Mb
Release : 1992
Category : Banks and banking
ISBN : 9780631181880

Get Book

Global Financial Deregulation by Itzhak Swary,Yiṣḥāq Swary,Barry Topf Pdf

Financial institutions in developed countries have undergone a profound structural change in recent years. As a result, banking has become internationalized and competition has intensified within vast and complex markets for a range of financial services. This book reviews these changes.

Author : S. Kerry Cooper,Donald R. Fraser
Publisher : Unknown
Page : 396 pages
File Size : 48,5 Mb
Release : 1986
Category : Banking law
ISBN : UOM:39076000794227

Get Book

Banking Deregulation and the New Competition in Financial Services by S. Kerry Cooper,Donald R. Fraser Pdf

Author : Richard Dale
Publisher : John Wiley & Sons
Page : 221 pages
File Size : 45,8 Mb
Release : 1992
Category : Banking law.
ISBN : 9780631160571

Get Book

International Banking Deregulation by Richard Dale Pdf

Considers the new global banking and financial systems which have become the subject of an unprecedented experiment involving new and unquantifiable risks. Based on up to the minute research, Dale offers a warning about structural faults at the heart of banking systems worldwide.

Author : Alexis Drach,Youssef Cassis
Publisher : Oxford University Press
Page : 209 pages
File Size : 43,5 Mb
Release : 2021
Category : Business & Economics
ISBN : 9780198856955

Get Book

Financial Deregulation by Alexis Drach,Youssef Cassis Pdf

This edited volume is the first archival based historical investigation on the liberalization measures taken in various countries in the financial sector in the decades following the Bretton Woods system, from a comparative and a global perspective.

Author : Charles W. Calomiris
Publisher : Cambridge University Press
Page : 404 pages
File Size : 48,9 Mb
Release : 2000-07-10
Category : Business & Economics
ISBN : 0521583624

Get Book

U.S. Bank Deregulation in Historical Perspective by Charles W. Calomiris Pdf

This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-customer relationships. Over the past two decades the characteristics that had made American banks different from other banks throughout the world--a fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer--virtually have been eliminated. Understanding the origins and persistence of the unique banking regulations that defined U.S. banking for over a century lends an important perspective on the economic and political causes and consequences of the current process of deregulation.

Author : Lawrence G. Goldberg,Lawrence J. White
Publisher : Beard Books
Page : 370 pages
File Size : 40,6 Mb
Release : 2003
Category : Law
ISBN : 9781587981678

Get Book

The Deregulation of the Banking and Securities Industries by Lawrence G. Goldberg,Lawrence J. White Pdf

This is a reprint of a previously published book. It is composed of a series of papers written for a two-day conference at NYU in 1978 dealing with the problems involved in the deregulation of the banking and securities industries.

Author : George Selgin
Publisher : Routledge
Page : 299 pages
File Size : 49,5 Mb
Release : 2002-03-11
Category : Business & Economics
ISBN : 9781134825769

Get Book

Bank Deregulation & Monetary Order by George Selgin Pdf

Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis. The volume is divided into three sections: * Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system. * Part II draws on both theory and historical experience to show how various kinds of government interference undermine the inherent efficiency, safety, and stability of a free monetary system. * Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

Author : Ranajoy Ray Chaudhuri
Publisher : Springer
Page : 279 pages
File Size : 50,5 Mb
Release : 2016-10-15
Category : Business & Economics
ISBN : 9781137361219

Get Book

The Changing Face of American Banking by Ranajoy Ray Chaudhuri Pdf

With almost 6,300 commercial banks, significantly more than in any other country, the world of US banking is unique, fascinating, and always in flux. Two principal pieces of legislation have shaped the banking structure in this country: The McFadden Act of 1927, which prohibited banks from branching into other states, and The Glass-Steagall Act of 1933, which separated commercial and investment banking activities. The repeal of the Glass-Steagall Act in 1999 was one of the main contributing factors behind the global financial crisis of 2008. This measure resulted in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which once again prohibited commercial banks from making certain types of speculative investments. The Changing Face of American Banking analyzes the impact of both these acts - as well as that of their subsequent repeal - in depth, examining the real effects of government regulations on the US commercial banking sector. Ray Chaudhuri pinpoints the evolving nature of US commercial banks and banking regulations and explores their impact on the economy. Instead of just focusing on banks and regulations, this work considers the correlations and causality between banking performance and economic growth and productivity. It also brings the banking literature up to date with the 2008-2009 financial crisis and its aftermath, including the passage of the Dodd-Frank Act of 2010 and its effect on American banking.

Author : Sunil Kumar,Rachita Gulati
Publisher : Springer Science & Business Media
Page : 340 pages
File Size : 45,7 Mb
Release : 2013-10-23
Category : Business & Economics
ISBN : 9788132215455

Get Book

Deregulation and Efficiency of Indian Banks by Sunil Kumar,Rachita Gulati Pdf

​ The goal of this book is to assess the efficacy of India’s financial deregulation programme by analyzing the developments in cost efficiency and total factor productivity growth across different ownership types and size classes in the banking sector over the post-deregulation years. The work also gauges the impact of inclusion or exclusion of a proxy for non-traditional activities on the cost efficiency estimates for Indian banks, and ranking of distinct ownership groups. It also investigates the hitherto neglected aspect of the nature of returns-to-scale in the Indian banking industry. In addition, the work explores the key bank-specific factors that explain the inter-bank variations in efficiency and productivity growth. Overall, the empirical results of this work allow us to ascertain whether the gradualist approach to reforming the banking system in a developing economy like India has yielded the most significant policy goal of achieving efficiency and productivity gains. The authors believe that the findings of this book could give useful policy directions and suggestions to other developing economies that have embarked on a deregulation path or are contemplating doing so.

Author : George A. Selgin
Publisher : Unknown
Page : 288 pages
File Size : 54,9 Mb
Release : 1996
Category : Banks and banking
ISBN : OCLC:896820133

Get Book

Bank Deregulation and Monetary Order by George A. Selgin Pdf

Author : Thorsten Beck,Ross Levine,Alexey Levkov
Publisher : World Bank Publications
Page : 42 pages
File Size : 53,7 Mb
Release : 2007
Category : Banks and banking
ISBN : 8210379456XXX

Get Book

Big Bad Banks? by Thorsten Beck,Ross Levine,Alexey Levkov Pdf

Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income distribution. We find that branch deregulation lowered income inequality. Deregulation lowered income inequality by affecting labor market conditions, not by boosting the business income of the poor, nor by enhancing educational attainment. Reductions in the earnings gap between men and women and between skilled and unskilled workers account for the bulk of the explained drop in income inequality.

Author : Sarkis Khoury
Publisher : Praeger
Page : 280 pages
File Size : 50,7 Mb
Release : 1990-06-22
Category : Business & Economics
ISBN : STANFORD:36105034758453

Get Book

The Deregulation of the World Financial Markets by Sarkis Khoury Pdf

This book presents a comprehensive examination of the deregulation of financial markets that began in the United States in the mid-1960s and has now reached global proportions. The author examines the deregulatory steps taken in each of the major financial markets--the United States, Britain, Japan, Australia, and Hong Kong--exploring the impetus behind the deregulatory developments, their potency, and their effects on the operational, promotional, and allocational efficiency of financial markets. Khoury also assesses the effects of deregulation on the stability of financial markets and on the movement toward political and economic integration within these markets. Throughout, Khoury focuses particular attention on the dynamics of the deregulation process and the forces that generated it in each of the markets under study. Khoury begins by tracing the evolution of the internationalization of the financial markets and their deregulation over the last three decades. He then examines the economics of financial deregulation and the implications of regulatory changes. Four chapters are devoted to extended analysis of deregulation in the various financial centers. Khoury compares and contrasts the similarities and differences among the five markets, examines the impact of regulatory developments in each market, and analyzes the growing interrelationships among financial markets. A separate chapter looks at the effects of deregulation on the foreign exchange, money, and stock markets, and on the performance and stability of the banking sector. Finally, Khoury looks to the future of deregulation, describing the changes that are likely to occur in the regulatory structure and in the money and capital markets. Ideal as supplemental reading for courses in international finance and banking, this book also offers bankers and regulators new insights into the potential and actual effects of various regulatory and deregulatory measures.

Author : Bruce Coggins
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 49,6 Mb
Release : 1998
Category : Financial services industry
ISBN : UCSC:32106014721879

Get Book

Does Financial Deregulation Work? by Bruce Coggins Pdf

A detailed critique of the reasoning behind the deregulation of banks, savings and loans, and other financial services. In challenging the conventional arguments, Coggins proposes an alternative set of assumptions drawn from post-Keynesian monetary theory and the historical and institutional approach to industrial organization. He concludes that stability in the financial systems is dependent upon a regulatory regime which focuses on limiting competition and encouraging productive over speculative investment. Annotation copyrighted by Book News, Inc., Portland, OR