- Tytuł:
- Doctrine of Public Good in Banking Versus State Intervention
- Autorzy:
- Masiukiewicz, Piotr
- Powiązania:
- https://bibliotekanauki.pl/articles/517140.pdf
- Data publikacji:
- 2015
- Wydawca:
- Instytut Badań Gospodarczych
- Tematy:
-
bankruptcy
bank
crisis
financial institution
public good - Opis:
- This article has the following thesis: changes in banking and the role of banks in real economy in recent years give an argument for treating banks as a public good. Banks received great support from governments as a result of the subprime crisis. G-20 and European Commission recommended new regulations for this sector after the crisis. As a consequence of banking development, more than 90% of the population use banking services in many countries. New social functions of banks have ap-peared. Doctrines about recovery and government support for banks were changed in parallel (e.g. LoLR). Presently, there are some arguments for recognition of public good doctrine in banking such as: a very big area for state regulation, state banking supervision, state system of deposits insurance, realization of task delegated by the state, social responsibility of banks and others. These arguments confirm that banks’ activity has a particular importance for the society and the economy, and would be public good.
- Źródło:
-
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2015, 10, 1; 55-67
1689-765X
2353-3293 - Pojawia się w:
- Equilibrium. Quarterly Journal of Economics and Economic Policy
- Dostawca treści:
- Biblioteka Nauki
Artykuł