The Regulatory Responses to the Global Financial Crisis: Some Uncomfortable Questions

editor score
Editor Score:
78
editor score
Quality:
76
editor score
Reliability:
74
Asset Type
License
Free
Publication year
2014
Industry
Financial

Financial regulation or reform takes a significant amount of time after a crises to be implemented. This paper explores key reasons why progress towards financial reform is often slowed down. The main argument being that it is usually because of short sightedness and lack of understanding of the underlying causes to a crisis, that people cannot solve issues right away.

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Author:
Stijn Claessens and Laura Kodres
Publisher:
IMF
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