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Will Greater Disclosure and Transparency Prevent the Next Banking Crisis?

  • Eric Rosengren

Abstract

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.

Keywords

Banking System Federal Reserve Hedge Fund Asian Financial Crisis Nonperforming Loan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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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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