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DN: Database Name CSA Worldwide Political Science Abstracts TI: Title Lost in temptation of risk: Financial market liberalization, financial market meltdown and regulatory reforms AU: Author Semmler, Willi; Young, Brigitte SO: Source Comparative European Politics, vol. 8, no. 3, pp. 327-353, Sep 2010 DE: Descriptors *Markets; *European Union; *Reform; *Coordination; * linked States of the States; *Governance AB: Abstract The current meltdown of the financial markets in the joined States, which triggered worldwide financial crisis and staggering declines in global growth rates, challenges the confidences of nimble capital market liberalization (CML). Whereas the debateion in previous years has concentrated on the benefits of financial market liberalization, the focus has direct shifted to the cost of fast and excessive financial liberalization. In contrast to the hypothesis of perfect capital markets, the article starts from the more realistic assumption of imperfect capital markets. We deal with the benefits but also the potential shortcomings of CML.

Too-fast liberalized capital markets, with risk assessments altogether left to the market, can trigger boom-bust cycles, the busts precipitated by financial instability, entailing contagion make and strong negative effects on the real military position of the economy. The financial meltdown has created not only new challenges for the of import banks around the globe, but has also produced initiatives on new financial regulations. We discuss here the most important recommendations put forward by the G20, the United States, United Kingdom and EU policy proposals for the financial market reforms triggered by the recent financial market meltdown. No final finding of fact is possible at this time, since the proposals and recommendations issued by the various bodies have to go through the political process. Nevertheless, the regulatory... If you want to get a beat essay, order it on our website: Ordercustompaper.com

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