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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 supervis...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Quintyn, Marc (Autor), Taylor, Michael, 1962- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, 2004.
Colección:Economic issues (International Monetary Fund) ; 32.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Should financial sector regulators be independent? /  |c Marc Quintyn, Michael W. Taylor. 
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500 |a "This Economic Issue is based on IMF Working Paper WP/02/46, Regulatory and Supervisory Independence and Financial Stability"--Preface. 
504 |a Includes bibliographical references (pages 15-16). 
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520 |a 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. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable. 
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700 1 |a Taylor, Michael,  |d 1962-  |e author. 
710 2 |a International Monetary Fund,  |e issuing body. 
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