American Finance For The 21st Century

Download American Finance For The 21st Century full books in PDF, epub, and Kindle. Read online free American Finance For The 21st Century ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

American Finance for the 21st Century

American Finance for the 21st Century
Author :
Publisher : Brookings Institution Press
Total Pages : 219
Release :
ISBN-10 : 9780815705369
ISBN-13 : 0815705360
Rating : 4/5 (360 Downloads)

Book Synopsis American Finance for the 21st Century by : Robert E. Litan

Download or read book American Finance for the 21st Century written by Robert E. Litan and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: As recently as thirty years ago, Americans lived in a financial world that today seems distant. Investment and borrowing choices were meager: virtually all transactions were conducted in cash or by check. The financial services industry was heavily regulated, as an outgrowth of the Depression, while an elaborate safety net was constructed to prevent a repeat of that dismal episode in American history. Today, consumers and businesses have a dizzying array of choices about where to invest and borrow. Plastic credit cards and electronic transfers increasingly are replacing cash and checks. Much regulation has been dismantled, although the industry remains fragmented by rules that continue to separate banks from other enterprises. Meanwhile, finance has gone global and increasingly high-tech. This book, originally prepared as a report to Congress by the Treasury Department, outlines a framework for setting policy toward the financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles that lie at the heart of that framework: an enhanced role for competition; a shift in emphasis from preventing failures of financial institutions at all cost toward containing the damage of any failures that inevitably occur in a competitive market; and a greater reliance on more targeted interventions to achieve policy goals rather than broad measures, such as flat prohibitions on certain activities.


American Finance for the 21st Century Related Books

American Finance for the 21st Century
Language: en
Pages: 219
Authors: Robert E. Litan
Categories: Business & Economics
Type: BOOK - Published: 2010-12-01 - Publisher: Brookings Institution Press

DOWNLOAD EBOOK

As recently as thirty years ago, Americans lived in a financial world that today seems distant. Investment and borrowing choices were meager: virtually all tran
American Finance for the 21st Century
Language: en
Pages: 176
Authors: Robert E. Litan
Categories: Banks and banking
Type: BOOK - Published: 1997 - Publisher:

DOWNLOAD EBOOK

American Finance for the 21st Century
Language: en
Pages: 228
Authors: Robert E. Litan
Categories: Business & Economics
Type: BOOK - Published: 2010-12-01 - Publisher: Brookings Institution Press

DOWNLOAD EBOOK

As recently as thirty years ago, Americans lived in a financial world that today seems distant. Investment and borrowing choices were meager: virtually all tran
Global Finance in the 21st Century
Language: en
Pages: 209
Authors: Steve Kourabas
Categories: Law
Type: BOOK - Published: 2021-09-28 - Publisher: Routledge

DOWNLOAD EBOOK

Global Finance in the 21st Century: Stability and Sustainability in a Fragmenting World explains finance and its regulation after the global financial crisis. T
The Philosophy, Politics and Economics of Finance in the 21st Century
Language: en
Pages: 509
Authors: Patrick O'Sullivan
Categories: Business & Economics
Type: BOOK - Published: 2015-04-10 - Publisher: Routledge

DOWNLOAD EBOOK

Since 2008, the financial sector has been the subject of extensive criticism. Much of this criticism has focused on the morality of the actors involved in the c