Conference – 1996
The Future of the Financial System
8-9 July 1996
Participants in this conference included leading academics and policymakers,
as well as senior economists from the Australian financial industry. Two
of the papers were written by Bank staff: one by senior members of Economic
Research and Banking Supervision Departments, and the other by Graeme
Thompson, then Deputy Governor of the Bank. The views of industry participants
were represented in four short papers, as well as in discussants' comments.
Of the remaining papers, two were written by British academic finance
specialists and two by staff from policy authorities, the Federal Reserve
Bank of Dallas and the European Monetary Institute.
A volume, containing the conference papers and discussions, was
published on 16 September 1996.
Download the complete Volume [PDF 832K]
Contents
- Table of Contents [PDF 34K]
-
Introduction
[PDF 26K]
Malcolm Edey
Part I: Historical and International Perspectives
-
The Evolving Structure of the Australian Financial System
[PDF 120K]
Malcolm Edey and Brian Gray
Discussion [PDF 23K]
Vince FitzGerald -
The Role of Institutional Investors in the Evolution of
Financial Structure and Behaviour
[PDF 132K]
E. Philip Davis
Discussion [PDF 24K]
Jeffrey Carmichael -
Alternative Models of Financial System Development
[PDF 98K]
Stephen Prowse
Discussion [PDF 22K]
Mitsuhiro Fukao
Part II: Prospects
-
Banking in the 21st Century:
The Transformation of an Industry
[PDF 105K]
David T. Llewellyn
Discussion [PDF 16K]
Andrew Mohl -
Australian Industry Perspectives on the Future of the Financial System:
Developments in the Business of Banking [PDF 25K]
Robert Joss
A Banker's Perspective on the Future of the Financial System [PDF 36K]
William Ferguson
An Industry Perspective on the Future of the Australian Financial System [PDF 12K]
Tony Cole
An Investment Banking Perspective on the Future of the Financial System [PDF 37K]
Rob Ferguson
General Discussion [PDF 8K]
Part III: Implications for Regulatory Policy
-
Regulating the New Financial Markets
[PDF 80K]
Richard Dale
Discussion [PDF 17K]
Murray Sherwin -
Regulatory Policy Issues in Australia
[PDF 52K]
Graeme Thompson
Discussion [PDF 47K]
Claudio Borio - Summaries of the Papers [PDF 19K]
- List of Conference Participants [PDF 5K]


