The financial and economic crisis was not simply a question of major “market failures” but also a dramatic consequence of deep “institutional (governmental) failures”. This paper endeavours to offer a brief overview of these macro- and micro-prudential inefficiencies, which prevented from first averting and then properly managing, the recent financial crisis.
To what Extent did Financial Regulation and Supervision fail in preventing the Crisis? / M. Lamandini. - In: RIVISTA DI DIRITTO SOCIETARIO. - ISSN 1972-9243. - STAMPA. - 2:(2010), pp. 475-485.
To what Extent did Financial Regulation and Supervision fail in preventing the Crisis?
LAMANDINI, MARCO
2010
Abstract
The financial and economic crisis was not simply a question of major “market failures” but also a dramatic consequence of deep “institutional (governmental) failures”. This paper endeavours to offer a brief overview of these macro- and micro-prudential inefficiencies, which prevented from first averting and then properly managing, the recent financial crisis.File in questo prodotto:
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