CONTENTS

pp v-vi

Preface

pp vii-viii

1 - Introduction

pp 1-12

Part 1 - Bank Capital Regulation

pp 13-14

2 - Constraining Discretion in Bank Regulation

pp 15-32

3 - Fallacies and Irrelevant Facts in the Discussion on Capital Regulation

pp 33-50

4 - Complexity, Interconnectedness: Business Models and the Basel System

pp 51-74

5 - At the Brink of Insolvency: Shallow Recapitalization Exercise Fails to Bolster Europe's Ailing Banks

pp 75-94

Part 2 - Bank Resolution

pp 95-96

6 - Bank Resolution in Comparative Perspective: What Lessons for Europe?

pp 97-108

7 - Resolving Problem Banks: A Review of the Global Evidence

pp 109-122

8 - Bank Resolution in New Zealand and Its Implications for Europe

pp 123-140

Part 3 - Central Banking with Collateral-Based Finance

pp 141-142

9 - Collateral and Monetary Policy

pp 143-156

10 - The ECB and the Political Economy of Collateral

pp 157-176

11 - The Backstory of the Risk-Free Asset: How Government Debt Became “Safe”

pp 177-188

Part 4 - Where Next for Central Banking?

pp 189-190

12 - Central Banking Post-Crisis: What Compass for Uncharted Waters?

pp 191-216

13 - Reconceptualizing Central Bank Unconventional Policies: Long Positions on No-Growth Capitalism

pp 217-228

14 - The Relationship between Central Banks and Governments: What Are Central Banks For?

pp 229-244

15 - Is New Governance the Ideal Architecture for Global Financial Regulation?

pp 245-264

List of Contributors

pp 265-270

Index

pp 271-283