The Evolution of Banking Regulation in the European Union: An Economic Approach

The Evolution of Banking Regulation in the European Union: An Economic Approach emphasizes the study of the monetary system and provides a coherent framework for analyzing banking regulations based on Walter Bagehot's theories. It contributes to the discussion on the nature and efficiency of banking regulation and its broader economic consequences, with a focus on the European Union.

Format: Hardback
Length: 186 pages
Publication date: 15 August 2023
Publisher: Lexington Books

The Evolution of Banking Regulation in the European Union: An Economic Approach is a groundbreaking work that reclaims the analysis of banking regulation to its rightful place within the study of the monetary system. Drawing upon the profound insights of Walter Bagehot, this book provides a comprehensive and analytical framework for an integrated economic approach to a diverse range of banking regulations. By emphasizing the economics of money and the analysis of monetary institutions as the foundation for banking regulation, this book makes a significant contribution to the ongoing debate on the nature, effectiveness, and broader implications of banking regulation for the economy, with a particular focus on the European Union.

The book begins by examining the historical evolution of banking regulation in the European Union, tracing the development of regulatory frameworks from the early 19th century to the present day. It explores the various factors that have influenced the shape and structure of banking regulation, including economic, political, and social considerations. The book then delves into the theoretical foundations of banking regulation, drawing on the principles of economic efficiency, risk management, and market discipline.

Using a rigorous economic analysis, the book assesses the effectiveness of different banking regulations in promoting financial stability, economic growth, and consumer protection. It evaluates the impact of regulations on bank behavior, such as lending practices, risk-taking, and competition, and analyzes the potential trade-offs between regulatory efficiency and financial innovation. The book also examines the broader consequences of banking regulation for the economy, including its effects on investment, employment, and inequality.

Throughout the text, the book emphasizes the importance of an integrated economic approach to banking regulation, recognizing the interdependence of different financial institutions and markets. It advocates for a balanced and proportionate approach that strikes a careful balance between promoting financial stability and fostering economic growth. The book also highlights the need for ongoing regulatory reform and adaptation to changing economic and financial conditions, ensuring that banking regulation remains relevant and effective in the face of new challenges and opportunities.

In conclusion, The Evolution of Banking Regulation in the European Union: An Economic Approach is a seminal work that offers a comprehensive and analytical framework for understanding the evolution and implications of banking regulation in the European Union. By reclaiming the economics of money and the analysis of monetary institutions as the foundation for banking regulation, this book contributes to the ongoing debate on the nature and efficiency of banking regulation and its broader consequences for the economy. This book is a valuable resource for policymakers, academics, and practitioners interested in banking regulation, financial stability, and economic development.

Weight: 485g
Dimension: 238 x 158 x 20 (mm)
ISBN-13: 9781666937190