by Ronel Elul – Business Review, Federal Reserve Bank of Philadelphia
The failure and bailout of prominent financial institutions amid the crisis of 2007-09, and the effect these events had on the economy as a whole, have led policymakers to rethink how the global financial system is regulated. Ronel Elul explains the history behind bank capital regulation and how ongoing regulatory changes might help prevent future crises.
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The Promise and Challenges of Bank Capital Reform
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source: http://www.philadelphiafed.org/research-and-data/publications/business-review/2013/