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Banking in a market economy – the international agenda

Publisher	Bank of England
Topics	Financial industries, financial markets, financial regulation, financial supervision
Author	Paul Tucker, Deputy Governor, Financial Stability, Member of the Monetary Policy Committee and Member of the Financial Policy Committee, Bank of England
Additional infos	Book chapter published by AFME (Investing in Change: The Reform of Europe's Financial Markets)
Published on	February 1, 2012
Pages	18

The central challenge of the programme for reforming the global financial system is to return banking to its rightful place in a market economy. Mainstream policymakers and bankers of all persuasions are surely united in this: that banking should not depend on a safety net from taxpayers. Those who most espouse the disciplines [...]

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