دانلود کتاب Banking Regulation and Globalization

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Contents......Page 6
Foreword......Page 10
List of Tables......Page 12
1. Introduction: Globalization and State Capacity......Page 14
1.1. The Central Question......Page 18
1.2. Theoretical Approaches......Page 20
1.3. Theory and Reality......Page 24
1.4. The Design of the Study......Page 30
1.5. The Plan of the Book......Page 33
2.1. Why the Banking Sector is Special......Page 36
2.2. State Regulation of the Banking Sector......Page 39
2.3. The Challenges of Last Three Decades......Page 41
3. The United States: Deadlock Through Fragmentation......Page 46
3.1.1. The Establishment of the Banking System......Page 47
3.1.2. Development of State Regulation......Page 50
3.1.3. The Political Context Until 1970......Page 55
3.2. The Challenges......Page 56
3.3.1. The American Banking Industry......Page 58
3.3.2. The Regulatory Agencies......Page 62
3.4. The Battle for Reform......Page 68
3.4.1. The First Phase of Deregulation......Page 70
3.4.2. Legislative Deadlock and Administrative Action......Page 72
3.4.3. Legislative Re-Regulation......Page 77
3.4.4. Ratified Deregulation......Page 79
3.5.1. High Politicization......Page 80
3.5.2. Confrontational and Legalistic Policy Approaches......Page 81
3.5.3. Variety of Players......Page 82
3.6. Summary: The American Case......Page 85
4. The Federal Republic of Germany: Keeping the State at Arm’s Length......Page 88
4.1.1. The Establishment of the Banking System......Page 89
4.1.2. The Emergence of State Regulation......Page 95
4.1.3. Key Aspects of the Policy Field Until 1970......Page 98
4.2.1. Liberalization and Depositor Protection......Page 100
4.2.2. Left- and Right-Wing Critiques of the “Power of the Banks”......Page 102
4.3.1. The German Banking Industry......Page 104
4.3.2. The Regulatory Agencies......Page 108
4.3.3. The Legal Framework......Page 110
4.4. The Calm After the Storm: Continuity Rather than Fundamental Change......Page 112
4.4.1. The Herstatt Crisis and its Consequences......Page 113
4.4.2. Gradual Europeanization: Further Amendments to the KWG......Page 124
4.5.1. Integration and Consultation......Page 126
4.5.2. Successful Policy-Outcomes......Page 128
4.5.3. Ongoing Debate about the “Power of the Banks”......Page 130
4.5.4. Institutional Continuity......Page 131
4.6. Summary: The German Case......Page 133
5. The United Kingdom: Late Codification, Early Reform......Page 136
5.1.1. Creation of the Banking System......Page 137
5.1.2. The Development of State Regulation......Page 141
5.1.3. The Policy Field Until 1970......Page 143
5.2. New Challenges for Bank Regulators......Page 144
5.3.1. The British Banking Industry......Page 146
5.3.2. The Regulatory Agencies......Page 148
5.3.3. The Legislative Process......Page 152
5.4.1. The Secondary Banking Crisis and Codification......Page 154
5.4.2. Johnson Matthey Bankers and Reform of the Regulation System......Page 159
5.4.3. BCCI and Barings Bank: Impulses for Fundamental Reform......Page 162
5.5.1. Changes in the Style of Regulation......Page 169
5.5.2. Reactive Policy-making......Page 171
5.5.3. The Weak Role of Parliament......Page 172
5.6. Summary: The British Case......Page 173
6. Switzerland: High Risks, Joint Responsibilities......Page 176
6.1.1. Formation of the Banking System......Page 177
6.1.2. The Development of State Regulation......Page 182
6.1.3. The Policy Field Until 1970......Page 188
6.2. New Challenges for Bank Regulators......Page 189
6.3.1. The Swiss Banking Industry......Page 190
6.3.2. The Regulatory Agencies......Page 198
6.3.3. The Legislative Framework......Page 201
6.4.1. The “Chiasso Scandal” and the Politicization of Banking Issues......Page 203
6.4.2. Banking Problems in the 1990s......Page 213
6.5.1. Consensual Approach......Page 219
6.5.3. “Autonomous Convergence”......Page 221
6.6. Summary: The Swiss Case......Page 222
7.1.1. Industry and Interest Groups......Page 226
7.1.2. The Executive Branch......Page 228
7.1.3. The Legislative Branch......Page 229
7.1.4. The Need for Reform and Policy Outcomes......Page 231
7.2. Political Systems in Comparison......Page 232
7.3. “Anglo-Saxon” and “Rhenish” Capitalism in Comparison......Page 237
8. Conclusion: National Institutions as Filters of Globalization......Page 240
8.1. Convergence or Divergence?......Page 241
8.2. History, Institutions, and Path Dependence......Page 247
8.3. The Case of the Missing Model......Page 251
8.4. Conclusion......Page 254
Postscriptum: The 2007/8 Subprime Mortgage Crisis and Banking Regulation......Page 258
Bibliography......Page 270
D......Page 292
M......Page 293
S......Page 294
Z......Page 295