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Tension Between Competition and Coordination in International Financial Regulation

  • Edward J. Kane
Part of the Innovations in Financial Markets and Institutions book series (IFMI)

Abstract

Popular discussions of financial regulation naively ascribe to financial regulators remarkable powers and heroically idealistic goals. If such powers and goals are indeed real, it is hard to understand why regulation so regularly goes awry. If superpowered public servants seek only to promote the common good and are able to perceive that good in a miraculously clearsighted fashion, how can they fail?

Keywords

International Coordination Dominant Firm Security Firm Japanese Bank Contestable Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1991

Authors and Affiliations

  • Edward J. Kane

There are no affiliations available

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