lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …

lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …

movement towards greater global regulation: international banking supervision and the role of credit rating agencies. It … some argue that too much and some argue that too little regulation was the culprit. The paper then takes stock of current … actions and proposals to address alleged failures that move in the direction of further regulation or strengthened global …

lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and … supervision around the world. In concluding the paper identifies reforms that would improve incentives by increasing transparency …

lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing …

intermediaries to process information. Second, reliance on credit ratings began as a response to the 1929 crash and became a primary …