and the banking sector that can be
used in stress
•achieve the broader macroprudential goal of protecting the banking sector from periods of excess credit growth.
a. Cyclicality of the minimum requirement
The Basel II framework increased the risk sensitivity and coverage of the regulatory capital requirement. Indeed, one of the most procyclical
The Nacionalista Party which was the oldest political party led the country throughout the majority of the 20th century. It gained its power and was dominant political party during the American occupation. This was followed by the domination by a new party known as the Kapisanan ng Paglilingkod sa Bagong Pilipinas (KALIBAPI) during the Japanese occupation during World War II. With the end of the
and require a greater flexibility than the customary type of appropriations budget ordinarily permits.
Price control, entry control, production control, procompetitive regulation (economic regulation)
Controlling Entry is the regulation of the entry and exit of firms into a regulated market, which is implemented by mandatory registration, usually called licensing.
Controllin
Ⅰ. 개요
금융규제와 감독의 원인은 다양한 이론에 의해 설명되고 있으나 가장 일반적으로 받아들여지는 것은 공익이론으로서 금융시장이 다른 시장과 마찬가지로 불완전하다는 전제 즉 외부효과와 정보의 비대칭성이라는 시장실패를 교정하기 위해 정부의 개입이 정당화된다는 것이다. 외부효과는
and extending their influence into other countries as well.
- Very High Entry Barrier: The entry barrier of airline industries is very high because of cost problems, pre-occupation effect, andregulations. Consequently, it is quite difficult for the new entrants to participate actively, considering the cost. However, it does not mean that there is none; the general structure is changing. Those