Rethinking Bank Regulation; Till Angels Govern

xiv, [2], 428, [2] pages. CD present in pocket at back cover. Figures. Footnotes. Tables. Appendices. References. Index. Minor DJ wear. Barth received a bachelor's degree from California State University at Sacramento in 1965, a master's degree from the University of New Mexico in 1967 and a Ph.D. in 1972 from Ohio State University. He went on to join George Washington University as an assistant professor of economics in 1972. He rose to the position of professor, and then in 1987 departed the university to become the chief economist and director of the Office of Policy and Economic Research, Federal Home Loan Bank Board. Subsequently, he then served as chief economist, Office of Thrift Supervision, U.S. Department of the Treasury until he joined Auburn's faculty in 1989. James R. Barth was a prolific researcher, renowned scholar at Auburn University's Harbert College of Business for 33 years. Barth was one of the most respected financial industry authorities in the world, known for his contributions to global economics and his financial industry regulatory oversight expertise. At the time of his death, Barth had written 21 books and authored or co-authored 458 research papers published in some of the most prestigious scholarly journals in the world. At last count, his work has been cited by his peers in their own published research more than 18,200 times over the course of his career. Two of his co-authored works, "Bank Regulation and Supervision: What Works Best?" and "Rethinking Bank Regulation: Till Angels Govern" have been cited a combined 5,260 times by his scholarly peers. Gerard Caprio focuses on Bank regulation, Financial system, Finance, Deposit insurance and Financial regulation. Bank regulation is closely attributed to Chinese financial system in his work. His research in Financial system is mostly concerned with Financial intermediary. His research integrates issues of Incentive, Financial liberalization, Monetary economics and Capital adequacy ratio in his study of Finance. Gerard Caprio interconnects Capital requirement, Private sector, Loan and Official cash rate in the investigation of issues within Deposit insurance. His work in Capital requirement covers topics such as Accounting which are related to areas like Corporate governance. Ross Levine is the Willis H. Booth Chair in Banking and Finance at Berkeley Haas. He completed his undergraduate studies at Cornell University earned his Ph.D. in economics from UCLA. He worked at the Board of Governors of the Federal Reserve System and the World Bank, where he conducted and managed research and operational programs. His research focuses on two areas: how financial regulations and the operation of financial systems shape economic growth and economic prosperity more generally; and the cognitive and non-cognitive traits of successful entrepreneurs. His two most recent books, "Rethinking Bank Regulation: Till Angels Govern" and "Guardians of Finance: Making Regulators Work for Us," stress that regulatory policies often stymie competition and encourage excessive risk-taking, with deleterious effects on living standards. Levine advises governments, central banks, regulatory agencies, and multilateral organizations. This volume assembles and presents a database on bank regulation in over 150 countries (included also on CD). It offered the first comprehensive cross-country assessment of the impact of bank regulation on the operation of banks, and assesses the validity of the Basel Committee's influential approach to bank regulation. The treatment also provides an empirical evaluation of the historic debate about the proper role of government in the economy by studying bank regulation and analyzes the role of politics in determining regulatory approaches to banking. The data also indicate that restrictions on the entry of banks, government ownership of banks, and restrictions on bank activities hurt banking system performance. The authors find that domestic political fac.…