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Stability in the Financial System

  • Dimitri B. Papadimitriou

Part of the The Jerome Levy Economics Institute Series book series (JLEI)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Stability in the US Financial System

    1. Dimitri B. Papadimitriou
      Pages 1-10
  3. Historical Perspectives

    1. Front Matter
      Pages 11-11
    2. David C. Wheelock
      Pages 26-33
    3. Mark D. Flood
      Pages 34-83
    4. Ronnie J. Phillips
      Pages 94-114
  4. Issues of Financial Reform

  5. Policy Options

    1. Front Matter
      Pages 243-243
    2. Larry R. Mote
      Pages 269-272
    3. James R. Barth, R. Dan Brumbaugh Jr.
      Pages 273-343
    4. Gary A. Dymski
      Pages 344-359
    5. Hyman P. Minsky, Dimitri B. Papadimitriou, Ronnie J. Phillips, L. Randall Wray
      Pages 385-399
    6. Gerard Caprio Jr., Lawrence H. Summers
      Pages 400-421
    7. Donald J. Mathieson
      Pages 422-425
  6. Back Matter
    Pages 427-441

About this book

Introduction

The S&L crisis of the 1990s has given many a reason to review the events which led to a (in many ways) similar banking crisis sixty years ago, and the subsequent legislation of the Emergency Banking Act, the Banking Act of 1933, the Banking Act of 1935, and other related legislation. The reconstituted financial structure produced the longest period of financial stability in the US history, lasting one-half of a century. The book has two goals: provide an understanding of the reasons the banking reforms enacted in the 1930s were so successful; and present a set of policy proposals which offer the institutional provisions for both the financing of the capital development of the economy, and a safe payments system.

Keywords

banking banking crisis capital development economics economy finance insurance political economy reforms science and technology stability success

Editors and affiliations

  • Dimitri B. Papadimitriou
    • 1
  1. 1.Bard CollegeAnnandale-on-HudsonUSA

Bibliographic information

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Finance, Business & Banking