Regulatory implications of the global financial crisis
It has become popular for journalists who are trying to sell newspapers, and politicians who are trying to solicit votes, to refer to this financial crisis as the worst since the Great Depression or WWII. I don’t know whether it is the worst or not so will leave that question to the historians and e...
Main Author: | |
---|---|
Format: | Report |
Language: | English |
Published: |
2009
|
Subjects: | |
Online Access: | http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6541 https://nbn-resolving.org/urn:nbn:de:hebis:30-66339 http://publikationen.ub.uni-frankfurt.de/files/6541/ILF_WP_102.pdf |
id |
ftunivfrankfurt:oai:publikationen.ub.uni-frankfurt.de:6541 |
---|---|
record_format |
openpolar |
spelling |
ftunivfrankfurt:oai:publikationen.ub.uni-frankfurt.de:6541 2023-05-15T16:50:06+02:00 Regulatory implications of the global financial crisis Gans, Brad 2009 application/pdf http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6541 https://nbn-resolving.org/urn:nbn:de:hebis:30-66339 http://publikationen.ub.uni-frankfurt.de/files/6541/ILF_WP_102.pdf eng eng http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6541 urn:nbn:de:hebis:30-66339 https://nbn-resolving.org/urn:nbn:de:hebis:30-66339 http://publikationen.ub.uni-frankfurt.de/files/6541/ILF_WP_102.pdf http://publikationen.ub.uni-frankfurt.de/home/index/help#policies info:eu-repo/semantics/openAccess ddc:340 workingpaper doc-type:workingPaper 2009 ftunivfrankfurt 2022-09-11T22:48:09Z It has become popular for journalists who are trying to sell newspapers, and politicians who are trying to solicit votes, to refer to this financial crisis as the worst since the Great Depression or WWII. I don’t know whether it is the worst or not so will leave that question to the historians and economists of the future once the storm has past. But it is indeed a “storm” as described by Vince Cable, Member of Parliament in his UK bestselling book entitled “The Storm – The World Economic Crisis and What it Means”. He describes this “storm” as a very destructive one displacing jobs, businesses, banks and whole economies from Iceland to the United Kingdom to the United States. I propose to offer a short chronology and summary of the causes of the current economic crisis. Then I will review several of the regulatory responses to the crisis focusing on the Turner Report, the de Larosière Group and certain US Treasury statements. I will offer my critiques of these proposals and then make some predictions of what the financial services industry may look like in the future. Report Iceland Publication Server of Goethe University Frankfurt am Main |
institution |
Open Polar |
collection |
Publication Server of Goethe University Frankfurt am Main |
op_collection_id |
ftunivfrankfurt |
language |
English |
topic |
ddc:340 |
spellingShingle |
ddc:340 Gans, Brad Regulatory implications of the global financial crisis |
topic_facet |
ddc:340 |
description |
It has become popular for journalists who are trying to sell newspapers, and politicians who are trying to solicit votes, to refer to this financial crisis as the worst since the Great Depression or WWII. I don’t know whether it is the worst or not so will leave that question to the historians and economists of the future once the storm has past. But it is indeed a “storm” as described by Vince Cable, Member of Parliament in his UK bestselling book entitled “The Storm – The World Economic Crisis and What it Means”. He describes this “storm” as a very destructive one displacing jobs, businesses, banks and whole economies from Iceland to the United Kingdom to the United States. I propose to offer a short chronology and summary of the causes of the current economic crisis. Then I will review several of the regulatory responses to the crisis focusing on the Turner Report, the de Larosière Group and certain US Treasury statements. I will offer my critiques of these proposals and then make some predictions of what the financial services industry may look like in the future. |
format |
Report |
author |
Gans, Brad |
author_facet |
Gans, Brad |
author_sort |
Gans, Brad |
title |
Regulatory implications of the global financial crisis |
title_short |
Regulatory implications of the global financial crisis |
title_full |
Regulatory implications of the global financial crisis |
title_fullStr |
Regulatory implications of the global financial crisis |
title_full_unstemmed |
Regulatory implications of the global financial crisis |
title_sort |
regulatory implications of the global financial crisis |
publishDate |
2009 |
url |
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6541 https://nbn-resolving.org/urn:nbn:de:hebis:30-66339 http://publikationen.ub.uni-frankfurt.de/files/6541/ILF_WP_102.pdf |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6541 urn:nbn:de:hebis:30-66339 https://nbn-resolving.org/urn:nbn:de:hebis:30-66339 http://publikationen.ub.uni-frankfurt.de/files/6541/ILF_WP_102.pdf |
op_rights |
http://publikationen.ub.uni-frankfurt.de/home/index/help#policies info:eu-repo/semantics/openAccess |
_version_ |
1766040284431384576 |