The regulatory aftermath of the global financial crisis
Author(s)
Bibliographic Information
The regulatory aftermath of the global financial crisis
(International corporate law and financial market regulation)
Cambridge University Press, 2012
- : hardback
Available at / 22 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes index
Description and Table of Contents
Description
The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new oversight bodies. With the US Dodd-Frank Act and numerous EU regulations and directives now in place, this book provides a timely and thoughtful explanation of the key elements of the new regimes in both regions, of the political processes which shaped their content and of their practical impact. Insights from areas such as economics, political science and financial history elucidate the significance of the reforms. Australia's resilience during the financial crisis, which contrasted sharply with the severe problems that were experienced in the EU and the US, is also examined. The comparison between the performances of these major economies in a period of such extreme stress tells us much about the complex regulatory and economic ecosystems of which financial markets are a part.
Table of Contents
- 1. Crisis-driven regulatory reform: where in the world is the EU going?
- 2. The legacy effects of the financial crisis on regulatory design in the EU
- 3. Why did Australia fare so well in the global financial crisis?
- 4. The political economy of Dodd-Frank: why financial reform tends to be frustrated and systemic risk perpetuated.
by "Nielsen BookData"