کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
970569 1479578 2006 24 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A new theory of financial regulation: Predicting, measuring and preventing financial crises
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A new theory of financial regulation: Predicting, measuring and preventing financial crises
چکیده انگلیسی

The frequency of financial crises in the last 20 years can be attributed to the lack of a comprehensive theory of financial regulation to guide policy makers. Existing theories fail to define the range of regulatory models, the causes of regulatory failure, and how to measure and prevent it. Faulty design of regulatory models, and the lack of ongoing performance monitoring incorporating early warning systems, is disrupting economic and social development. The new theory illustrates the necessity for a staged approach to liberalisation, which first assesses the capacity to conduct effective prudential supervision, before attempts are made to remove protective measures.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Journal of Socio-Economics - Volume 35, Issue 1, February 2006, Pages 48–71
نویسندگان
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