"Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been questioned following the financial crisis. This book offers a timely exploration of financial regulation in the aftermath of the crisis in order...

Cover -- Half Title -- Series -- Title -- Copyright -- Dedication -- Contents -- List of tables -- Table of abbreviations -- Foreword -- Acknowledgements -- Introduction -- I The ambivalent nature of bailouts -- II Bank bailouts and sovereign indebtedness -- III Bailout policy approaches -- Part...

The financial crisis of 2007-9 revealed serious failings in the regulation of financial institutions and markets, and prompted a fundamental reconsideration of the design of financial regulation. As the financial system has become ever-more complex and interconnected, the pace of evolution...