Litan, Robert E. 1950- creator Rauch, Jonathan 1960- text bibliography dcu Washington, D.C Brookings Institution Press c1998 1998 monographic eng

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viii, 211 pages : illustrations ; 24 cm. 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 The financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity. Robert E. Litan with Jonathan Rauch. Includes bibliographical references (p. 193-201) and index. n-us--- Finance United States Banks and banking United States Finanzas Estados Unidos Bancos Estados Unidos United States Economic conditions Estados Unidos Condiciones económicas HG 181 L775a 1998 332/.0973 0815752881 (alk. paper) 9780815752882 (alk. paper) 98008988 DLC 980218 20230411090826.0 724764