Rocky times : new perspectives on financial stability /

It has been four years since the financial crisis of 2008, and the global financial system still is experiencing malaise caused by high rates of unemployment; a lingering, unresolved supply of foreclosed properties; the deepening European debt crisis; and fear of a recurrence of the bank turmoil tha...

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Bibliographic Details
Corporate Authors: Brookings Institution; Nomura Institute of Capital Markets Research
Group Author: Fuchita, Yasuyuki, 1958; Herring, Richard; Litan, Robert E., 1950
Published: Nomura Institute of Capital Markets Research,
Publisher Address: Tokyo :
Publication Dates: [2012]
Literature type: Book
Language: English
Subjects:
Summary: It has been four years since the financial crisis of 2008, and the global financial system still is experiencing malaise caused by high rates of unemployment; a lingering, unresolved supply of foreclosed properties; the deepening European debt crisis; and fear of a recurrence of the bank turmoil that brought about the Great Recession. All of these factors have led to stagnant economic growth worldwide. In Rocky Times, editors Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan bring together experts from academia and the banking sector to analyze the difficult issues surrounding troubl
Carrier Form: viii, 222 pages : illustrations ; 23 cm
Bibliography: Includes bibliographical references and index.
ISBN: 9780815722502 (paperback) :
0815722508 (paperback)
Index Number: HG1275
CLC: F827.120
F831.59
F823.130
Call Number: F823.130/R684
Contents: Managing systemwide financial crises : some lessons from Japan since 1990 /
The bankruptcy of bankruptcy /
The case for regulating the shadow banking system /
Why and how to design a contingent convertible debt requirement /
Governance issues for macroprudential policy in advanced economies /