The Regulatory Responses to the Global Financial Crisis : Some Uncomfortable Questions /

We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into regulations...

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Bibliographic Details
Main Author: Claessens, Stijn
Other Authors: Kodres, Laura
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/046
Online Access:Full text available on IMF