The Political, Regulatory, and Market Failures That Caused the US Financial Crisis: What Are the Lessons?
The purpose of this paper is to discuss the key regulatory, market, and political failures that led to the 2008-2009 US financial crisis and to suggest appropriate recommendations for reform. The approach is to examine the underlying incentives that led to the crisis and to provide supporting data t...
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Format: | Journal Article |
Language: | EN |
Published: |
2012
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Online Access: | http://hdl.handle.net/10986/4976 |