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A Nonbanker's Perspective on Banking Reform

Published: Jan 01, 1992. Publicly Released: Jan 01, 1992.
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Highlights

This article, which appeared in the GAO Journal, No. 15, Spring/Summer 1992, discusses principles that policymakers should keep in mind as they consider banking regulation reforms, focusing on: (1) increasing protection of taxpayers and depositors by reducing risks; (2) the changing dynamics of the global economy and the development of markets to offer needed services; and (3) equitable treatment, regulation, and subsidizing of all financial services providers.

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