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Avoiding International Financial Crises: An Incomplete Reform Agenda

In: Global Asset Management

Author

Listed:
  • Jean Dermine

    (Université Catholique de Louvain)

Abstract

In this chapter, we argue that the set of reforms proposed recently by national and international groups to reduce the risk of future global banking crises constitutes an incomplete reform agenda. Three important issues remain, in our opinion, to be addressed: Accountability of bank supervisors and regulators An end to the Too-Big-To-Fail doctrine A satisfactory regime for the supervision and bailing out of international financial groups.

Suggested Citation

  • Jean Dermine, 2013. "Avoiding International Financial Crises: An Incomplete Reform Agenda," Palgrave Macmillan Books, in: Michael Pinedo & Ingo Walter (ed.), Global Asset Management, chapter 7, pages 122-144, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-32887-8_7
    DOI: 10.1057/9781137328878_7
    as

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