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Reforming Financial Systems
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Reforming Financial Systems

1 487 kr

1 487 kr

Tidligere laveste pris:

1 495 kr

På lager

Fr., 4 juli - to., 10 juli


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris

Produktbeskrivelse

This volume summarizes the key lessons of financial history for emerging markets and developing economies today, including the rise and role of central banks, debates on how to make banking secure and sound, the relative efficiency of universal banking compared to the Anglo-American commercial banking model, and the role of savings banks, nonbanks, and securities markets in development. Two lessons that should be kept in mind in reforming financial systems are the importance of incentives and diversification. Robust financial systems require incentive systems that reward prudent risk-taking and encourage sound portfolio diversification. Attempts to reform financial systems without due allowance for the time and effort to develop institutions, including reputation, are likely to prove short-lived.

Artikkel nr.

d25512f9-0ae4-5ea7-a8db-f26fe10da58c

Reforming Financial Systems

1 487 kr

1 487 kr

Tidligere laveste pris:

1 495 kr

På lager

Fr., 4 juli - to., 10 juli


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris