Destabilising market forces and the structure of banks going forward

Authors
Publication date 2011
Host editors
  • T. Beck
Book title The future of banking
ISBN
  • 9781907142468
Pages (from-to) 29-34
Publisher London: Centre for Economic Policy Research
Organisations
  • Interfacultary Research - Amsterdam Center for Law & Economics (ACLE)
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract The financial sector has become increasingly complex in terms of its speed and interconnectedness. This chapter says that market discipline won’t stabilise financial markets, and complexity makes regulating markets more difficult. It advocates substantial intervention in order to restructure the banking industry, address institutional complexity, and correct misaligned incentives.
Document type Chapter
Language English
Published at ftp://ftp.cordis.europa.eu/pub/fp7/ssh/docs/pegged_en.pdf
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