Jump to ContentJump to Main Navigation
Reluctant RegulatorsHow the West Created and How China Survived the Global Financial Crisis$
Users without a subscription are not able to see the full content.

Leo F. Goodstadt

Print publication date: 2011

Print ISBN-13: 9789888083251

Published to Hong Kong Scholarship Online: September 2011

DOI: 10.5790/hongkong/9789888083251.001.0001

Show Summary Details
Page of

PRINTED FROM HONG KONG SCHOLARSHIP ONLINE (www.hongkong.universitypressscholarship.com). (c) Copyright Hong Kong University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in HKSO for personal use (for details see www.hongkong.universitypressscholarship.com/page/privacy-policy).date: 21 November 2018

Introduction:

Introduction:

Reluctant Regulators

Chapter:
(p.1) Introduction:
Source:
Reluctant Regulators
Author(s):

Leo F. Goodstadt

Publisher:
Hong Kong University Press
DOI:10.5790/hongkong/9789888083251.003.0001

During the 2007 economic crisis, the various defenses against global recession and worldwide financial instability appeared to be very strong. As such, developing and developed economies agreed that during this period, markets were more efficient than governments in fostering stable growth and in providing consumers with better deals in terms of price, choice, and quality. The central bankers of the world all agreed on the most appropriate regulatory measure in which institutional failure risks are lessened, and financial instability is not passed on from country to country. Financial crises usually initiate from seemingly insignificant market misfortune. Although the crisis was experienced throughout the world, it was mainly rooted in the United States, the United Kingdom, and regulations.

Keywords:   2007 economic crisis, markets, regulatory measure, financial instability, market misfortune

Hong Kong Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .