Abstract
In April and October 2014, the BCBS published its latest progress reports on adoption and implementation of the post Great Recession reforms, finding satisfactory levels of the ongoing efforts (Basel Committee on Banking Supervision 2014d, 2014e). At the same time, the EU and the US pursue adoption adjusted to their specific national circumstances (Howarth & Quaglia 2013a), while industry groups have intensified their transnational and domestic lobbying activities to create loopholes in the new regulations. How effective can such a governance mode be in minimising the risks of repeated global financial turmoil?
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© 2015 Roman Goldbach
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Goldbach, R. (2015). Conclusion: Layers and Gaps in the Global Political Economy. In: Global Governance and Regulatory Failure. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137500038_6
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DOI: https://doi.org/10.1057/9781137500038_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-69870-7
Online ISBN: 978-1-137-50003-8
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