Financial Regulation in the Global Economy

By Richard J. Herring and Robert E. Litan

In recent years, the major industrialized nations have developed cooperative procedures for supervising banks, harmonized their standards for bank capital requirements, and initiated cooperative understanding about securities market supervision. This book assesses what further coordination and harmonization in financial regulation will be required in an era of increased globalization.

A volume of Brookings’ Integrating National Economies Series

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