Will Greater Disclosure and Transparency Prevent the Next Banking Crisis?

  • Eric Rosengren


Greater transparency and disclosure of the bank activities will not prevent future banking crises unless appropriate monetary, fiscal, and regulatory policies are also adopted. Nonetheless, greater disclosure of banking problems can reduce the costs of banking crises, even if transparency is not a panacea for preventing banking crises.


Banking System Federal Reserve Hedge Fund Asian Financial Crisis Nonperforming Loan 
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Copyright information

© Springer Science+Business Media New York 1999

Authors and Affiliations

  • Eric Rosengren
    • 1
  1. 1.Federal Reserve Bank of BostonUSA

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