Format:
Online-Ressource (27 p)
Edition:
Online-Ausg.
ISBN:
1589063112
,
9781589063112
Series Statement:
Economic Issues Economic Issues No. 32
Content:
In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable
Additional Edition:
Erscheint auch als Druck-Ausgabe Quintyn, Marc ¿Deben ser independientes los reguladores del sector financiero? Washington, D.C. : International Monetary Fund, 2004 ISBN 9781589063112
Language:
Spanish
DOI:
10.5089/9781589063112.051
