based mainly on the Korean experience during the 1997 Asian financial crisis. Crises in emerging market and developing …, and a balanced approach to restructuring and regulation among different types of financial institutions. The paper also …

based mainly on the Korean experience during the 1997 Asian financial crisis. Crises in emerging market and developing …, and a balanced approach to restructuring and regulation among different types of financial institutions. The paper also …

based mainly on the Korean experience during the 1997 Asian financial crisis. Crises in emerging market and developing …, and a balanced approach to restructuring and regulation among different types of financial institutions. The paper also …

2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and … no comparable political and legal integration. Nevertheless, Asia can draw useful lessons from European experiences in …

financial tranquility always call for more stringent regulation over time? We examine this question using a simple portfolio … optimal regulation/macroprudential policy. Our paper implies that policymakers should not only consider the cyclical …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

gains in the longer term) with due consideration being given to initial conditions concerning regulation, taxes and exchange …

This chapter of the forthcoming Oxford Handbook of Financial Regulation considers, in broad historical perspective and … financial crises and regulation. It begins with an overview of financial crises generally, and then considers both the … historical and potential future role of regulation in financial crises. It discusses various theories of the roots of financial …