Policy Exchange

Related Publications

• Bank Creditors, Moral Hazard and Systemic Risk Regulation

  20 December 2010

  Bank Creditors, Moral Hazard and Systemic Risk Regulation argues that there should be a semi-automatic procedure to recapitalise troubled banks whereby bank bonds are converted into equity.

• Incentivising boring banking: an alternative approach

  06 July 2010

  Incentivising boring banking argues that deposit insurance in a fractional banking reserve system is economically damaging and financially destabilising (as it encourages excessive risk-taking by the banks), but politically impossible to avoid.

• Saving Grace: Reforming the presentation and composition of current savings policies

  10 February 2010

  Since Labour entered government in 1997 it has developed several schemes for encouraging an increase in the rate of saving. But because much of it has been insufficiently co-ordinated it is now time to develop a holistic approach that makes saving consistently attractive.