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This monograph is a work of multi-layered research on the American banking system, namely the dependence of its economical characteristics on the specific nature of regulatory instruments and processes. The banking system — the key element of the financial sector in any state — secures the necessary level of stability and growth of the whole economy. The robustness and effectiveness of the American banking system, displayed on multiple occasions, is largely responsible for the existing global economic and political domineering by the US, which sparks customary interest in studying the particularities of how it functions. In this monograph, the analysis of the US banking sector is based on researching the development dynamics of American credit institutions in different historical periods: financial crises, economic upturn and stability. The functions and position of the banking sector in the US economy is examined. The role and development on processes of evolution in the American state banking system by means of legal and supervisory mechanisms is disclosed. The monograph is aimed at specialists in the financial and banking spheres, and in state administration. The materials can be used by students and postgrads studying economics and law in preparing their academic abstracts, articles and final theses. It may also be of interest to those studying banking and state regulation.
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