Designing Financial Supervision Institutions
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9781847202161
ISBN:1847202160
Pub Date: 2007Publisher: Elgar Publishing, Incorporated, Edward Summary: This book offers the first systematic discussion of a new and promising field: the economics of independence, accountability and governance of financial supervisioninstitutions. For a long time the design of supervision had been an irrelevant issue, both in theory and practice. This perception changed dramatically in the mid-1990s, and over the past decade many countries have witnessed changes in the architecture of [read more]
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9781847202161
ISBN:
1847202160
Pub Date: 2007
Publisher: Elgar Publishing, Incorporated, Edward
This book offers the first systematic discussion of a new and promising field: the economics of independence, accountability and governance of financial supervisioninstitutions. For a long time the design of supervision had been an irrelevant issue, both in theory and practice. This perception changed dramatically in the mid-1990s, and over the past decade many countries have witnessed changes in the architecture of financial supervision. This book presents frameworks for analyzing the emerging supervisoryarchitectures and sheds light on the different supervisory regimes, with a particular focus on the role of central banks. It takes a country-specific, comparative and empirical approach. Designing Financial Supervision Institutions will be an accessible reference tool for multidisciplinary scholars and academics (principally economics, but also politics and law),policymakers, regulators and supervisory institutions.
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