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.
Full Citation
.
“Prudential Bank Regulation: What's Broke and How to Fix It.”
In
Reacting to the Spending Spree: Policy Change We Can Afford
,
edited by ,
17
-34
.
Stanford, California
:
Hoover Institution Press
,
2009.