Ratnovski, Lev - International Monetary Fund (IMF) - 2013
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also … focus on the permissible scope of activities rather than on market structure of banks. And following a crisis, competition …