Publication
2008
This paper provides a critical review of the prevailing regime of international financial regulation, launched from the late 1990s onwards, in the name of strengthening the 'international financial architecture' (IFA). Specifically, it looks at the financial sector assessment program (FSAP) as an example for IFA. The author states that what is needed is a shift from modes of regulation that are pro-cyclical to new ones that are counter-cyclical.
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English (PDF, 40 pages, 840 KB) |
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Author | Jakob Vestergaard |
Series | DIIS Working Papers |
Issue | 25 |
Publisher | Danish Institute for International Studies (DIIS) |
Copyright | © 2008 Danish Institute for International Studies (DIIS) |