Banking Supervision and Systematic Bank Restructuring: An International and Comparative Perspective
Banking Supervision and Systematic Bank Restructuring: An International and Comparative Perspective
Routledge Cavendish. | 300 pages | 2000-11-01 | 1859416136 | PDF | 3.4 Mb
The spillovers from the crises in emerging financial systems, and their potential to disrupt the financial systems of other economies were widely recognized in the wake of the financial crises in East Asia. In his book, Dr. Mwenda observes that a study conducted by the International Monetary Fund in 1999 found that weak financial institutions, inadequate bank regulation and supervision, and lack of transparency lie at the heart of economic crises in these economies. These experiences have underscored not only the importance of a sound banking sector for micro-economic stability, but also the influence of macroeconomic and structural policies, as well as strong governance and the soundness of any banking system. In a nutshell, these observations are what makes Dr. Mwenda's latest book on Banking Supervision and Systemic Bank Restructuring a must read. Dr. Mwenda states (and I agree with him) that in this book he departs from regurgitating what is already known to introduce a richer novel contribution.