Abstract
Financial systems worldwide have been marked by a push toward financial moderization and rolling financial crises over the past several years. These developments have put pressure on financial supervision and regulation to adapt. While some changes in regulatory overnight have taken place, adaptation of financial supervision and regulation can be expected to continue into the 21st century.
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Reference
Diamond, D.W., and R.G. Rajan. “Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking,” mimeo, University of Chicago, 1999.
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© 2000 Springer Science+Business Media New York
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Furlong, F., Kwan, S. (2000). Financial Modernization and Regulation. In: Eisenbeis, R.A., Furlong, F.T., Kwan, S. (eds) Financial Modernization and Regulation. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-5228-1_1
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DOI: https://doi.org/10.1007/978-1-4757-5228-1_1
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-4964-6
Online ISBN: 978-1-4757-5228-1
eBook Packages: Springer Book Archive