Abstract
Theoretically, the underlying theme of stronger regulations that followed each downturn should have questioned and measured risk exposure, for example is it possible that the inherent risks are too great or too opaque? Equally disturbing and more often than not, the same regulations later became unraveled, repealed or at the very least diluted on a case by case basis while the systemic risks were in most cases greater due to more sophisticated global trading instruments. Moreover, the regulations mentioned here are regulations that affected capital flows among the developed and developing nations from 1933 to the present day.
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Notes
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© 2013 Rich Marino
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Marino, R. (2013). Overview of Regulations: Historical and Current. In: Submerging Markets. Palgrave Macmillan, London. https://doi.org/10.1057/9781137296504_2
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DOI: https://doi.org/10.1057/9781137296504_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-34862-6
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