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Difficulties of the Financial Reform in the USA

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  • V. Kulakova

Abstract

We study the reform of financial regulation initiated by the Dodd—Frank Wall Street Reform and Consumer Protection Act of 2010. Major factors impeding Obama’s financial and economic policy are explored, including institutional difficulties, party warfare, lobbyism, and systemic inconsistencies of international financial regulation. We also examine challenges that are being faced by economic and political sciences due to the changes in financial regulation and also assess the level of radicality of the financial reform.

Suggested Citation

  • V. Kulakova, 2013. "Difficulties of the Financial Reform in the USA," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
    • Handle: RePEc:nos:voprec:y:2013:id:585
    DOI: 10.32609/0042-8736-2013-10-147-158
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