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Author/Editor:
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Quintyn, Marc ; Taylor, Michael
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Publication Date:
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March 08, 2004
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Electronic Access:
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Free Full text
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Summary:
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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Series:
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Economic Issues No. 32
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English
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Publication Date:
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March 08, 2004
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ISBN/ISSN:
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ISBN 1-58906-309-0 ; ISSN 1020-5098
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Format:
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Paper
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Stock No:
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EIIEA032
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Pages:
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18
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Price:
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Arabic
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Publication Date:
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July 26, 2004
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ISBN/ISSN:
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ISBN 1-58906-312-0 ; ISSN 1020-8380
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Format:
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Paper
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Stock No:
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EIIAA032
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Pages:
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20
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Price:
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Chinese
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Publication Date:
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June 04, 2004
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ISBN/ISSN:
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ISBN 1-58906-313-9 ; ISSN 1020-8399
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Format:
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Paper
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Stock No:
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EIICA032
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Pages:
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19
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Price:
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French
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Publication Date:
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June 25, 2004
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ISBN/ISSN:
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ISBN 1-58906-310-4 ; ISSN 1020-7724
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Format:
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Paper
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Stock No:
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EIIFA032
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Pages:
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24
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Russian
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Publication Date:
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June 07, 2004
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ISBN/ISSN:
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ISBN 1-58906-314-7 ; ISSN 1020-8402
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Format:
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Paper
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Stock No:
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EIIRA032
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Pages:
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24
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Spanish
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Publication Date:
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June 25, 2004
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ISBN/ISSN:
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ISBN 1-58906-311-2 ; ISSN 1020-8372
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Format:
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Paper
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Stock No:
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EIISA032
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Pages:
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24
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Price:
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Please address any questions about this title to
publications@imf.org
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