Financial stability, economic growth, and the role of law /
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| Author / Creator: | Arner, Douglas W. |
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| Imprint: | New York : Cambridge University Press, 2007. |
| Description: | vii, 344 p. ; 24 cm. |
| Language: | English |
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| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/6430095 |
| Summary: | Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly impact not only individual economies but also markets, financial intermediaries, and economies around the world. This volume addresses the twin objectives of financial development in the context of financial stability and the role of law in supporting both. Financial stability (frequently seen as the avoidance of financial crisis) has become an objective of both the international financial architecture and individual economies and central banks. At the same time, financial development is now seen to play an important role in economic growth. In both financial stability and financial development, law and related institutions have a central role. |
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| Physical Description: | vii, 344 p. ; 24 cm. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780521870474 052187047X 9780521690560 0521690560 |