Cline W.. The Right Balance for Banks. Peterson Institute for International Economics,2017. — 281 p.. 2017

In the aftermath of the Great Recession and the financial crisis that caused it, we need to construct the right regulatory framework for US and interna­tional banks. The crisis revealed woefully inadequate bank capital reserves for dealing with shocks, especially in the less regulated and supervised investment banking sector, and rectifying this weakness has been central to international reform efforts. Basel III, adopted in 2010, has substantially increased the amount of equity capital banks must hold, especially banks large enough to qualify as global systemically important banks (G-SIBs). In this book, Senior Fellow William Cline asks whether this aspect of reform has gone far enough. Cline works from first principles to identify the optimal level of equity capital for banks, given the real world trade-off between greater safety and sacrifice of potential output (because higher lending costs could curb new investment). He concludes that the Basel III capital requirements are insufficient and should be increased by about one- third to arrive at this optimal level—which he argues is the right balance for banks and the economy.

Books and textbooks on the discipline Finance and credit:

1. Alsharari Nizar Mohammad (ed.). Banking and Accounting Issues. ITexLi,2022. — 175 p. - 2022 ãîä
2. Hare C., Neo D. (eds.). Trade Finance: Technology, Innovation and Documentary Credit. Oxford University Press,2021. — 417 p. - 2021 ãîä
3. Fligstein Neil. The Banks Did It: An Anatomy of the Financial Crisis. Harvard University Press,2021. — 334 p. - 2021 ãîä
4. Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications. IGI Global,2014. — 1593 p. - 2014 ãîä
5. Fridson M., Alvarez F.. Financial Statement Analysis. John Wiley & Sons, Inc.,2002. — 413 p - 2002 ãîä