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The international financial crisis: new rules and future outlook

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Author Info
Joseph E. Stiglitz (Columbia University)

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Abstract

Financial regulation is required to find a remedy to the many mistakes made, and to prevent the possibility of a new crisis in the future. In this context small adjustments are not sufficient, but it is necessary to define new rules based on different principles, including: the need to extend the supervisory controls to all players, the correction of the incentive mechanism, the reduction of risks for intermediaries.

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File URL: http://www.bancariaeditrice.it/portal/ssm/page.do?pageId=6289204
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Publisher Info
Article provided by Bancaria Editrice in its journal BANCARIA.

Volume (Year): 9 (2009)
Issue (Month): (September)
Pages: 2-4
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ban:bancar:v:9:y:2009:m:september:p:2-4

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Web page: http://www.bancaria.it

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Related research
Keywords: crisi finanzaria; intervento pubblico; regolamentazione;

Find related papers by JEL classification:
G01 - Financial Economics - - General - - - Financial Crises
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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This page was last updated on 2009-12-10.

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