LESSONS FROM THE FINANCIAL CRISIS: THE INTERNATIONAL DIMENSION
The current financial crisis has arisen as a result of entrepreneurial and business error rather than because of inappropriate incentives within the private sector. However, government failure has exacerbated the problem. The case for responding to government failure by greater international co-ordination of banking regulation is weak. The IMF is particularly ill-suited for this job. Copyright (c) 2009 The Author. Journal compilation (c) Institute of Economic Affairs 2009. Published by Blackwell Publishing, Oxford.
Year of publication: |
2009
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Authors: | Vaubel, Roland |
Published in: |
Economic Affairs. - Wiley Blackwell. - Vol. 29.2009, 3, p. 22-26
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Publisher: |
Wiley Blackwell |
Saved in:
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