"Prudential Bank Regulation: What's Broke and How to Fix It"
Reacting to the Spending Spree: Policy Change We Can Afford
Editor(s): Terry L. Anderson and Richard Sousa
© Hoover Institution Press,
April
2009
Pages: 17-34
Publication type: Chapter
Research Archive Topic: Business Economics and Public Policy, Corporate Finance
Abstract
This chapter considers several important areas of response (or nonresponse) of banking regulation to the crisis. I begin with an overview of the causes of the crisis and the ways in which the crisis has highlighted the need for regulatory reform. I review the prospects for the reform of regulatory content. I also consider and evaluate the potential changes in the structure of regulation and supervision coming out of the crisis.
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