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Balancing the Banks

Global Lessons from the Financial Crisis

The financial crisis that began in 2007 in the US swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. This book draws critical lessons from the causes of the crisis and proposes important regulatory reforms.

This book draws critical lessons from the causes of the crisis and proposes important regulatory reforms. "Three giants in the field have teamed up to offer their insightful perspectives on prudential regulation at a crucial time.