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書評

[Book Review] Who Is Watching the Shadow Banks? Thiemann, Matthias: The Growth of Shadow Banking: A Comparative Institutional Analysis (Cambridge: Cambridge University Press, 2018)

MPS-Authors
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Eisl,  Andreas
Politische Ökonomie der europäischen Integration, MPI for the Study of Societies, Max Planck Society;
Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo), MPI for the Study of Societies, Max Planck Society;

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フルテキスト (公開)

BaI_2019_Eisl.pdf
(全文テキスト(全般)), 366KB

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要旨
Shadow banking refers to bank-like financial activities that do not fall under traditional regulations; they have been one of the root causes of the recent financial crisis. M. Thiemann identifies the structural causes for their rapid growth, and shows which institutional reforms could prevent the circumvention of regulations.