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2017 | OriginalPaper | Chapter

4. Global Reform

Author : Richard Barwell

Published in: Macroeconomic Policy after the Crash

Publisher: Springer International Publishing

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Abstract

The crisis engulfed the banking systems of many of the advanced economies, exposing common flaws in the global regulatory framework. The policy response to the crisis was correspondingly global. In this section, we shall discuss the two key elements of the global policy response: the reforms to the international prudential standards and the attempts to solve TBTF.

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Title: Global Reform
Author: Richard Barwell
Publisher: Springer International Publishing
Book: Macroeconomic Policy after the Crash
Print ISBN: 978-3-319-40462-2

Electronic ISBN: 978-3-319-40463-9

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-40463-9_4