Should Financial Sector Regulators Be Independent?

Should Financial Sector Regulators Be Independent?
In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks.... READ MORE...

Publication date: March 2004
ISBN 9781589063099
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