The New Finance: Regulation and Financial Stability

By Franklin R. Edwards

This is an essential and timely look at how modern finance is being reshaped, where Franklin R. Edwards explores the decline of traditional banking, the rise of mutual funds and derivatives markets, and the growing risks to financial stability, then makes a bold case that outdated bank regulation needs reform through a system of collateralized banking that promotes competition and reduces reliance on government.

Revolutionary changes, including the shrinking of traditional banking and the expansion of trading in foreign securities, have recently rocked financial markets.

• Format: Paperback
• Language: English
• ISBN: 0844739898
• ISBN13: 9780844739892
• Release Date: January 1996
• Publisher: AEI Press
• Length: 221 Pages
• Weight: 0.70 lbs.
• Dimensions: 0.7" x 5.9" x 8.9"