The International Financial Crisis:Have the Rules of Finance Changed?
Editor
- Asli Demirgüç-Kunt(The World Bank, USA)Douglas D Evanoff(Federal Reserve Bank of Chicago, USA)George G Kaufman(Loyola University Chicago, USA)
Abstract
The recent global financial crisis has caused massive upheavals worldwide. The papers in this volume analyze whether financial principles seem to have shifted in recent years, and what that may mean for international financial markets and regulation. What “broke” in the current crisis? Is there no “playbook” on how to respond to systemic crises? What is the optimal role of the state in dealing with crises? How should asset bubbles be addressed in the future? Do we need a major overhaul of governance in the industry? What means exist to address systemic crises? What reforms are needed? These and related issues are discussed by an impressive list of well-known scholars, policymakers and practitioners, with an emphasis on the implications for public policy.Individual chapters are listed in the "Chapters" tab
Suggested Citation
- Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), 2011. "The International Financial Crisis:Have the Rules of Finance Changed?," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 7865, August.
Handle: RePEc:wsi:wsbook:7865
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Book Chapters
The following chapters of this book are listed in IDEAS- Charles L. Evans, 2011. "The International Financial Crisis: Asset Price Exuberance and Macroprudential Regulation," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 1, pages 3-13, World Scientific Publishing Co. Pte. Ltd..
- Christina D. Romer, 2011. "Back from the Brink," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 2, pages 15-29, World Scientific Publishing Co. Pte. Ltd..
- José Viñals, 2011. "Getting the New Regulatory Framework Just Right: Six Questions for Policymakers," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 3, pages 31-37, World Scientific Publishing Co. Pte. Ltd..
- Kevin M. Warsh, 2011. "Longer Days, Fewer Weekends," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 4, pages 39-46, World Scientific Publishing Co. Pte. Ltd..
- Philipp M. Hildebrand, 2011. "Banking Regulation: Changing the Rules of the Game," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 5, pages 47-55, World Scientific Publishing Co. Pte. Ltd..
- Martin Neil Baily & Douglas J. Elliott, 2011. "The Causes of the Financial Crisis and the Impact of Raising Capital Requirements," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 6, pages 59-71, World Scientific Publishing Co. Pte. Ltd..
- Charles W. Calomiris, 2011. "Origins of the Subprime Crisis," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 7, pages 73-91, World Scientific Publishing Co. Pte. Ltd..
- Michael Mussa, 2011. "The Role of the Financial Sector in the Great Recession," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 8, pages 93-116, World Scientific Publishing Co. Pte. Ltd..
- Edwin M. Truman, 2011. "What Broke? The Root Causes of the Crisis," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 9, pages 117-123, World Scientific Publishing Co. Pte. Ltd..
- Masahiro Kawai & Michael Pomerleano, 2011. "Regulating Systemic Risk," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 10, pages 127-153, World Scientific Publishing Co. Pte. Ltd..
- Vincent R. Reinhart, 2011. "Dealing with the Crises in a Globalized World: Challenges and Solutions," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 11, pages 155-159, World Scientific Publishing Co. Pte. Ltd..
- Robert K. Steel, 2011. "Systemic Risk: Is There a Playbook?," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 12, pages 161-165, World Scientific Publishing Co. Pte. Ltd..
- Piergiorgio Alessandri & Andrew G. Haldane, 2011. "Banking on the State," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 13, pages 169-195, World Scientific Publishing Co. Pte. Ltd..
- Francesco Papadia & Tuomas Välimäki, 2011. "Liquidity Risk and Central Bank Actions During the 2007–2009 Crisis," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 14, pages 197-212, World Scientific Publishing Co. Pte. Ltd..
- Phillip L. Swagel, 2011. "The Role of the State in a Crisis," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 15, pages 213-225, World Scientific Publishing Co. Pte. Ltd..
- Peter J. Wallison, 2011. "Comments: Panel on the Role of the State," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 16, pages 227-233, World Scientific Publishing Co. Pte. Ltd..
- Claudio Borio & Mathias Drehmann, 2011. "Financial Instability and Macroeconomics: Bridging the Gulf," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 17, pages 237-268, World Scientific Publishing Co. Pte. Ltd..
- Charles A. E. Goodhart, 2011. "Is a Less Procyclical Financial System an Achievable Goal?," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 18, pages 269-287, World Scientific Publishing Co. Pte. Ltd..
- Allan H. Meltzer, 2011. "Bubbles?," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 19, pages 289-293, World Scientific Publishing Co. Pte. Ltd..
- Marvin Goodfriend, 2011. "What to Do About Bubbles: Monetary Policy and Macroprudential Regulation," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 20, pages 295-301, World Scientific Publishing Co. Pte. Ltd..
- Athanasios Orphanides, 2011. "Dealing with Crises in a Globalized World: Challenges and Solutions," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 21, pages 305-314, World Scientific Publishing Co. Pte. Ltd..
- Andrew L. T. Sheng, 2011. "Global Financial Reform: Diagnosis and Prognosis — A Network Approach," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 22, pages 315-324, World Scientific Publishing Co. Pte. Ltd..
- Stijn Claessens, 2011. "Dealing with Cross-Border Bank Distress: Some Specific Options for Reform," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 23, pages 325-338, World Scientific Publishing Co. Pte. Ltd..
- Edward J. Kane, 2011. "Making Safety-Net Managers Accountable for Safety-Net Subsidies," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 24, pages 341-357, World Scientific Publishing Co. Pte. Ltd..
- Michael Klein, 2011. "Regulatory Governance and Agency Design: An Old Topic, Made Extra Relevant by the Financial Crisis," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 25, pages 359-370, World Scientific Publishing Co. Pte. Ltd..
- Ross Levine, 2011. "The Sentinel: Improving the Governance of Financial Policies," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 26, pages 371-385, World Scientific Publishing Co. Pte. Ltd..
- R. Christopher Whalen, 2011. "Holding Regulators and Government More Accountable: Comments," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 27, pages 387-393, World Scientific Publishing Co. Pte. Ltd..
- Wayne A. Abernathy, 2011. "Status Quo? I Hardly Think So," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 28, pages 397-402, World Scientific Publishing Co. Pte. Ltd..
- Anil K Kashyap, 2011. "Where Do We Go from Here?," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 29, pages 403-410, World Scientific Publishing Co. Pte. Ltd..
- Justin Yifu Lin, 2011. "Suggested Financial Structure for Developing Countries," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 30, pages 411-414, World Scientific Publishing Co. Pte. Ltd..
- Deborah J. Lucas, 2011. "Comments on “Where Do We Go from Here?”," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 31, pages 415-419, World Scientific Publishing Co. Pte. Ltd..
- John Silvia, 2011. "Where to from Here? Have the Rules of Finance Changed?," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 32, pages 421-424, World Scientific Publishing Co. Pte. Ltd..
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Keywords
Financial Crisis; Financial Regulation; International Banking; Financial Regulatory Reform;All these keywords.
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