Regulatory Framework of Financial Institutions before, during and after the Financial Crisis – Getting It Right

Matjaz Nahtigal
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Matjaz Nahtigal: University of Primorska, Slovenia

from University of Primorska, Faculty of Management Koper

Abstract: The purpose of this article is to reflect upon the importance and the role of financial institutions before, during and after the financial crisis and to outline proposals for alternative approaches to the financial crisis. Without an understanding of the historic development, nature and scope, and important limitations of modern financial institutions, the regulatory reform of modern financial institutions cannot be successful. The success of financial reforms and their restructuring can only be measured when modern financial institutions participate, support and develop the real economy and support a more balanced, inclusive and diverse social development process. This is what the really ‘exciting’ banking and finance organizations should stand for. The regulatory reforms, bail-outs and dominant ideas about the European banking union, for example, are impeding, rather than facilitating, hopes for real economic and social recovery on both sides of the Atlantic

Keywords: the role of financial institutions; regulatory reform; real economy (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:mgt:micp12:333-346

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