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Trois ans après: la tâche inachevée de la réforme financière

Paul Volcker

Revue d'économie financière, 2012, vol. N° 105, issue 1, 319-332

Abstract: In this article, Paul Volcker, one of the principle architects behind the regulatory response and financial reform legislation in the United States, outlines the remaining reforms necessary to complete the structural changes to the US financial system. Specifically, he directs governments and central banks to move to adopt international accounting standards, increase competition among credit rating agencies, and finalize policies to end ?too big to fail.? The article stresses that the reform effort is incomplete and structural change is necessary. Classification JEL: E58, G01, G21, G28.

JEL-codes: E58 G01 G21 G28 (search for similar items in EconPapers)
Date: 2012
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