Title
The Financial Crisis And The Challenge Of Government Regulation
Keywords
financial crisis; government financial regulation; public management reform; regulatory reform
Abstract
This article examines the recent financial crisis and the challenges it poses for government regulations. The causes of the financial crisis are examined in terms of moral hazard, corporate governance, systemic risk, and government policy, followed by an explanation of major public policies and programs developed to resolve short- and long-term problems resulting from the crisis. Governmental financial reforms bring new challenges and concerns about the role of government in the market system, utilize different approaches to regulation, and highlight a number of transparency concerns. The article concludes with a discussion of the future development of regulation. © 2013 M.E. Sharpe, Inc. All rights reserved.
Publication Date
12-1-2013
Publication Title
Public Performance and Management Review
Volume
37
Issue
2
Number of Pages
208-221
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.2753/PMR1530-9576370201
Copyright Status
Unknown
Socpus ID
84888615442 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/84888615442
STARS Citation
Liou, Kuotsai Tom, "The Financial Crisis And The Challenge Of Government Regulation" (2013). Scopus Export 2010-2014. 6595.
https://stars.library.ucf.edu/scopus2010/6595