Rocky Times: New Perspectives on Financial Stability - Couverture souple

Couverture souple

ISBN 10 : 0815722508 ISBN 13 : 9780815722502

Editeur : Brookings Institution, 2012

Synopsis

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A propos du livre

Présentation de l'éditeur :

It has been nearly four years since the financial crisis of 2008, and the global financial system still is experiencing malaise caused by high rates of unemployment; a lingering, unresolved supply of foreclosed properties; the deepening European debt crisis; and fear of a recurrence of the bank turmoil that brought about the Great Recession. All of these factors have led to stagnant economic growth worldwide. In Rocky Times, editors Yasuyuki Fuchita, Richard Herring, and Robert E. Litan bring together experts from academia and the banking system to analyze the difficult issues concerning troubled large financial institutions in an environment of economic uncertainty and growing public anger. Continuing the format of the previous Brookings-Nomura collaborations, Rocky Times focuses largely on developments within the United States and Japan but looks at those in other nations as well. This volume focuses on two broad areas: the Japanese approach to regulating financial institutions and promoting financial stability and the U.S. approach in light of the Dodd-Frank legislation. Specific topics include 'Managing Systemwide Financial Crises: A Macro Approach Some Lessons from Japan since 1990,' 'The Case for Properly Designed Contingent Capital Instruments,' and 'The Bankruptcy of Bankruptcy.'

Biographie de l'auteur :

Yasuyuki Fuchita is an executive fellow at the Nomura Institute of Capital Markets Research in Tokyo. He is coeditor with Herring and Litan of Growing Old: Paying for Retirement and Institutional Money Management after the Financial Crisis (2011) and After the Crash: The Future of Finance (2010), both published by Brookings. Richard J. Herring is the Jacob Safra Professor of International Banking and professor of finance at the Wharton School, University of Pennsylvania, where he is also codirector of the Wharton Financial Institutions Center. Robert E. Litan is a senior fellow in the Economic Studies program at the Brookings Institution and vice president for research and policy at the Kauffman Foundation.

À propos de cette édition

• Éditeur: Brookings Institution
• Date d'édition: 2012
• ISBN 10: 0815722508
• ISBN 13: 9780815722502
• Reliure: Broché
• Nombre de pages: 232