1. Reforming Finance: Macro and Micro Perspectives
- Author:
- Pierre Siklos
- Publication Date:
- 02-2014
- Content Type:
- Working Paper
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Reforms of the financial system in the wake of the global financial crisis are incomplete. Beyond reforms, good judgment is essential in a crisis. Short-termism in finance cannot be completely controlled by regulation and supervision. Financial crises are inevitable but need not be as virulent at the global financial crisis. Central banks will have to rethink their policies and how they interact with other agencies partially responsible for maintaining financial system stability.
- Topic:
- Economics, Globalization, International Trade and Finance, Financial Crisis, Governance, and Reform
- Political Geography:
- Europe