Saka, Orkun; Campos, Nauro; De Grauwe, Paul; Ji, Yuemei; … - 2019
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets … lead to a reversal of liberal reforms, suggesting that governments react to crises by re-regulating financial markets … liberalization process restarts a few years after a financial crisis. One decade later, financial markets have returned to their pre …