History of the Eighties -- Lessons for the Future
Publisher: Federal Deposit Insurance Corporation 1997
Number of pages: 267
A detailed analysis of the complex combination of causes (economic, financial, legislative and regulatory) that led to the extraordinary number of bank failures in the 1980s and early 1990s. An evaluation of the legislative, regulatory and supervisory responses to those failures. An assessment of the implications the experiences of the 1980s and early 1990s hold for deposit insurance and bank supervision in the future.
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by Philip Booth, at al. - Institute of Economic Affairs
This book challenges the myth that the recent banking crisis was caused by insufficient statutory regulation of financial markets. The authors propose regulatory tools that are designed to target particular weaknesses in a banking system.
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