ENGLISH

Good Regulation, Bad Regulation: The Anatomy of Financial Regulation

By Imad A. Moosa

Book information

Publisher
Palgrave Macmillan
Year
2015
ISBN
1137447095, 9781137447098
Google Books ID
olYMCgAAQBAJ
Language
english
Format
PDF
Filesize
2 MB (1809277 bytes)
Series
Palgrave Macmillan Studies in Banking and Financial Institutions
Pages
xiv+248\263
Topic
Economy
Orientation
yes
Paginated
yes
Scanned
portrait
Time added
2015-08-07 23:53:53
Banks Banking Economics Business Money Finance Cor

Description

Since the 2007–2008 global financial crisis, there has been much debate about the role of financial regulation and the causes of financial instability in the industry. Where studies commonly question the value of a regulated rather than free market , this book focuses on the differentiation of 'good regulation' and 'bad regulation'. This book highlights the need for financial regulation to combat corruption, and the integral link that exists between corruption and financial instability. The author evaluates the benefits and shortcomings of specific types of regulation, drawing on recent examples to illustrate each argument. The book presents compelling arguments for the regulation of leverage, liquidity, payday loans and securitisation; and debates the negative aspects of the regulation of short selling, and high-frequency trading, and of Basel-style banking regulation. The author argues that there is no free-market solution to financial instability, and rejects the idea of 'too big to fail'.

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