The Evolution of US Finance: v. 2: Restructuring Institutions and Markets / Edition 1

by Jane W. D'Arista

Overview

Volume II of this book grew out of the author’s work as an economist for the U.S. Congress on the staff of the House Banking Committee under Chairman Wright Patman and his successor, Chairman Henry Reuss; as an analyst for the Congressional Budget Office; and as finance economist for the House Energy and Commerce Subcommittee on Telecommunications, Consumer Protection and Finance. It is a re-examination of the validity of traditional concerns in order to establish the Context for congressional actions to modify the existing regulatory and structural framework.

Product Details

ISBN-13:	9781563242328
Publisher:	Taylor & Francis
Publication date:	03/01/1994
Series:	Columbia University Seminars Series
Pages:	526
Product dimensions:	6.00(w) x 9.00(h) x (d)

About the Author

Jane D' Arista lectures on Law and Economies for the graduate programin International Banking Law Studies at Boston University School of Law and is a Research Associate of the Economic Policy Institute in Washington D.C.

Table of Contents

Part I: The Framework for Financial Structure and Regulation 1 The Current Debate on Regulatory Policy 2 Issues in the Evolution of Federal Regulation 3 The Changing Financial Environment Part II: The Goals of Regulation 4 Access to Capital and Credit 5 Balancing Competition and Soundness: The Debate on Bank Regulation 6 Promoting Competition and the Impartiality of Credit Decisions, 7 Preserving the Economic Functions of Financial Markets Part III: Protecting Customers of Financial Institutions, 8 Regulation to Ensure Soundness and Fiduciary Responsibility 9 Investor Protection 10 Financial Guaranty Insurance Programs

Editorial Reviews

Originally prepared as a staff study in 1971, when D'Arista was a Staff Member of the House Committee on Banking and Currency, Volume 1, Federal Reserve Monetary Policy, 1915-1935 (230-3, $60), is an analysis of Federal Reserve structure, policy, and functioning in the 1931-1935 period, examining the structural factors, prejudices, and views about monetary processes that combined to shape Federal Reserve actions in the period. Volume 2, Restructuring Institutions and Markets (232-X, $75), was originally published in 1986 as a report of the House Energy and Commerce Subcommittee on Telecommunications, Consumer Protection and Finance, for which D'Arista was finance economist. Drawing on the materials developed in subcommittee hearings, the report discusses both the special role and importance of financial intermediaries in the economy and the impact of financial restructuring on the viability of the financial system itself. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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