Titlebook: Regulation and Supervision of Financial Institutions in the NAFTA Countries and Beyond; George M. Furstenberg (Rudy Professor of Economics

强有力

Systemic Risk in Banking: Concept and Modelsocks may have the potential to disrupt severely the functioning of financial markets, I argue that it is necessary to consider “nonrational” behavioral responses of agents to these shocks to understand the dynamics of systemic events. The role of policy institutions to prevent or mitigate systemic e

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灰心丧气

Regional Financial Integration in Europe: A Blueprint for North America? without them. Monetary union, in turn, is a prerequisite, and part and parcel, of deep financial integration. Otherwise, in countries on the periphery, such as Poland with regard to the European Union and Mexico with NAFTA, the need to protect the inefficient, high-cost, domestic financing business

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Competition and Convergence of Bank Regulation in NAFTAEuropean Union. Consequently, national treatment granted by the United States is not comparable to reciprocal treatment. The attraction of the U.S. banking market to foreign banks is given by the large U.S. financial market and the key role of the U.S. dollar, factors that have enhanced the bargaini

padding

Trade in Financial Services in NAFTA: A Public Choice Approachbetween state bank and national bank interests. Because smaller state banks outnumber larger national banks, the political environment has favored protected state interests over the competitive interests of national banks and foreign banks. One political solution has been to create a volume of laws

Evocative

黄瓜

Regulatory Issues Arising from Financial Integrations written from a Canadian perspective and benefits from Canadian/U.S. experience. Regulatory-integration issues including Canada and Mexico have not been as prominent as yet. This chapter starts by briefly considering types of integration and a categorization of regulation. It then raises and discus

博识

The Evolving U.S. Legislative Agenda in Banking and Finance. The explanation offered is that, in deciding whether to relax statutory restrictions on the services that different types of financial institutions may perform, regulatory turf and money politics are far more important than projected societal benefits. Money politics and regulatory competition mak

老人病学

Financial Conglomeration: Issues and Questionsking industry and expansion of the scope of banking activities — that are fundamentally transforming the financial-services industry. I examine the various reasons for these developments and offer some thoughts about the future evolution of the global financial-services industry.

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