Abstract
Discussions of financial reform too often reduce to how much deregulation to allow in banks’ geographic, product and ownership markets. But, because of the depth of the US financial intermediation crisis, adequate reform proposals should describe what functions the financial system should perform, as well as what structural modifications should be made. Barth and Brumbaugh have taken the harder, second path.
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© 1996 Dimitri B. Papadimitriou
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Dymski, G.A. (1996). Comment. In: Papadimitriou, D.B. (eds) Stability in the Financial System. The Jerome Levy Economics Institute Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24767-7_14
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DOI: https://doi.org/10.1007/978-1-349-24767-7_14
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