[PDF.16sq] From Crisis to Crisis, The Global Financial System and Regulatory Failure (International Banking and Finance Law)
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From Crisis to Crisis, The Global Financial System and Regulatory Failure (International Banking and Finance Law)
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The global financial system has proven increasingly unstable and crisis-prone since the early 1980s. The system has failed to serve either creditors or debtors well. This has been reinforced by the global financial crisis of 2008, where we have seen systemic weaknesses bring rich countries to the brink of bankruptcy and visit appalling suffering on the poorest citizens of poor countries. Yet the regulatory responses to this crisis have involved little thinking from outsi...
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