Proposal for redesigning the financial system: lessons learned from the crisis

Rodríguez Monroy, Carlos and Kozak, M. (2012). Proposal for redesigning the financial system: lessons learned from the crisis. In: "6th International Conference on Industrial Engineering and Industrial Management y del XVI Congreso de Ingeniería de Organización", 18/07/2012 - 20/07/2012, Vigo, España. pp. 52-59.

Description

Title: Proposal for redesigning the financial system: lessons learned from the crisis
Author/s:
  • Rodríguez Monroy, Carlos
  • Kozak, M.
Item Type: Presentation at Congress or Conference (Article)
Event Title: 6th International Conference on Industrial Engineering and Industrial Management y del XVI Congreso de Ingeniería de Organización
Event Dates: 18/07/2012 - 20/07/2012
Event Location: Vigo, España
Title of Book: 6th International Conference on Industrial Engineering and Industrial Management y del XVI Congreso de Ingeniería de Organización
Date: 2012
Subjects:
Freetext Keywords: Financial crisis, systemic risk, financial deregulation, creative destruction, moral hazard
Faculty: E.T.S.I. Industriales (UPM)
Department: Ingeniería de Organización, Administración de Empresas y Estadística
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

this paper analyzes the singularities inherent to the financial industry, in relation to other businesses, and its implications to financial crises throughout history. The efficient markets hypothesis is questioned, and its impact on the deregulation of the financial system is analyzed. Finally, the causes of the current crisis are investigated, and the general lines to be addressed for the redesign of a financial system to achieve an efficient and equitable capitalism are suggested.

More information

Item ID: 19415
DC Identifier: https://oa.upm.es/19415/
OAI Identifier: oai:oa.upm.es:19415
Official URL: http://cio2012.adingor.es/es/welcome/
Deposited by: Memoria Investigacion
Deposited on: 22 Dec 2013 09:17
Last Modified: 21 Apr 2016 17:40
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