02194cam a2200409 a 4500 117122 117122 724764 BJBSDDR 20230411090826.0 a|||||r|||| 00| 0 ta 980218s1998 dcua b 001 0 eng 98008988 0815752881 (alk. paper) 9780815752882 (alk. paper) DLC DLC DLC eng n-us--- HG 181 L775a 1998 332/.0973 Litan, Robert E., 1950- 25181 American finance for the 21st century / Robert E. Litan with Jonathan Rauch. Washington, D.C. : Brookings Institution Press, c1998. viii, 211 pages : illustrations ; 24 cm. Includes bibliographical references (p. 193-201) and index. The financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity. This book, originally prepared as a report to Congress by the Treasury Department, presents a framework for setting policy toward the financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles: an enhanced role for competition, a shift in emphasis from preventing failures of financial institutions at all cost toward containing the damage of the failures that inevitably occur in a competitive market, and a greater reliance on more targeted interventions to achieve policy goals rather than broad measures such as flat prohibitions on certain activities Finance United States. Banks and banking United States. Finanzas Estados Unidos 157 Bancos Estados Unidos 2293 United States Economic conditions. Estados Unidos Condiciones económicas 1552 Rauch, Jonathan, 1960- 25182 7 cbc orignew 1 ocip 19 y-gencatlg lcc BK 0 0 lcc 0 0 CS BJB BJB CS 2022-09-26 0 HG 181 L775a 1998 00000165268 2022-09-26 00:00:00 1 2022-09-26 BK