Policy learning from crisis in financial regulation and supervision: comparative analysis of Estonia, Latvia and Sweden

Ringa Raudla, Egert Juuse and Aleksandrs Cepilovs

Journal of Baltic Studies, 2019, vol. 50, issue 4, 495-514

Abstract: The goal of the article is to explore comparatively whether the crisis of 2008–10 has led to policy learning in financial regulation and supervision by civil servants in Estonia, Latvia, and Sweden. The article discusses how various factors can influence policy learning, including the acknowledgment of failure, blame shifting, analytical tractability of the policy problems, and the influence of external actors. We show that although the experience of the crisis varied significantly between the three countries, the policy lessons learnt are broadly similar in all three countries, due to the external influence of the European Union.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/01629778.2019.1632911 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rbalxx:v:50:y:2019:i:4:p:495-514

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rbal20

DOI: 10.1080/01629778.2019.1632911

Access Statistics for this article

Journal of Baltic Studies is currently edited by Liisi Esse

More articles in Journal of Baltic Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().