Publication
4 Aug 2009
There is a widely held view that the 2008-09 financial crisis resulted from an insufficient reach of regulation and that the solution is to take existing regulation and spread it without gaps across institutions and jurisdictions. If this were to be the main policy response, it would be a mistake for several reasons, the most important of which is that at the heart of the crisis lay highly regulated institutions in sophisticated jurisdictions.
Download |
English (PDF, 10 pages, 125 KB) |
---|---|
Author | Avinash Persaud |
Series | CEPS ECMI Commentaries |
Issue | 25 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2009 Avinash Persaud |