Why Are There So Many Banking Crises?: The Politics and Policy of Bank Regulation

by Jean-Charles Rochet

Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises--and the massive financial and social damage they can cause--remain common throughout the world. Does deposit insurance encourage depositors and bankers to take excessive risks? Are banking regulations poorly designed? Or are banking regulators incompetent? Jean-Charles Rochet, one of the world's leading authorities on banking regulation, argues...

• Format: Hardcover
• Language: English
• ISBN: 0691131465
• ISBN13: 9780691131467
• Release Date: January 2008
• Publisher: Princeton University Press
• Length: 320 Pages
• Weight: 1.28 lbs.
• Dimensions: 1.0" x 6.5" x 9.2"