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This paper uses four case studies to review the performance of the Anglo-American regulatory ‘culture'. In the decade before the global financial crisis, American and British officials were almost identical in their analysis of and non-interventionist responses to identified threats from...
Persistent link: https://www.econbiz.de/10013153417
An Anglo-American regulatory ‘culture’ became associated with 30 years of worldwide economic reforms, global growth and monetary stability. American and British officials identified major sources of instability in their own financial markets before 2007 but remained non-interventionist,...
Persistent link: https://www.econbiz.de/10014200319
pays special attention to importance of Asset management companies. It is stated that crisis regulation should have …
Persistent link: https://www.econbiz.de/10013040469
From European integration to domestic politics to the development of the global economy, technocracy and private ordering have shaped economic behaviour. Such transformative private-driven forces of economic activity flourished through the promulgation of voluntary standards. In view of the...
Persistent link: https://www.econbiz.de/10012794045
This paper provides a comparative analysis of the Great Depression (1929-1933) and the Great Financial Crisis (2007-2009) by contrasting the crises' main driving forces and how they relate to each other with respect to the United States. To this end, causes, consequences and measures undertaken...
Persistent link: https://www.econbiz.de/10013021968
On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011711721
the world is going from one crisis to another. Thus one must consider not only the economics of crisis but as well a kind …
Persistent link: https://www.econbiz.de/10012985518
In the last decade, there has been a crisis of monetary regulation of the world economy. This is confirmed by the fact … depression after temporary attempts to revive the economy). Even the World Bank and the International Monetary Fund predict a … the world is changing. Will humanity come up with something new or will switch to a model based on Keynesian tools.To do …
Persistent link: https://www.econbiz.de/10013227571
benefits and limitations. We raise, using comparative law, the problem of level playing field in financial regulation on the … stabilization policies, including the question of the “too big to fail”, the problem of derivatives regulation, the problem of …
Persistent link: https://www.econbiz.de/10013150318
the monetary policy and financial regulation and supervision perspectives. In the preceding SUERF Study (2013/2), the …
Persistent link: https://www.econbiz.de/10011689959