Journal of Economic Perspectives: Vol. 6 No. 1 (Winter 1992)
Print Article Summary Export Citation
Sign up for Email Alerts Follow us on Twitter
An Evaluation of the Treasury Plan for Banking Reform
Mishkin, Frederic S. 1992. "An Evaluation of the Treasury Plan for Banking Reform." Journal of Economic Perspectives, 6(1): 133-153.
The Treasury plan for banking reform--Modernizing the Financial System: Recommendations for Safer More Competitive Banks--was released on February 5, 1991 (U.S. Treasury, 1991), and has a stated purpose of promoting a safe, sound, and competitive banking system. It contains recommendations for the most thorough overhaul of the banking regulatory system since the Great Depression. This paper provides a framework for understanding the U.S. banking regulatory system and how it has produced the current crisis in the banking industry, and uses this analysis to evaluate the Treasury plan.
Article Full-Text Access
Full-text Article (Complimentary)
Mishkin, Frederic S. (Columbia U and NBER)
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
| Login to post a comment