Suggested Financial Structure for Developing Countries

Justin Lin ()

Chapter 30 in The International Financial Crisis:Have the Rules of Finance Changed?, 2011, pp 411-414 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis conference has, in the last two days, hosted a very good discussion about the need to improve the incentive system in the financial sector so as to make the incentives of a financial institution's managers compatible with those of its investors; in this way, financial institutions will be selfdisciplined. In addition, many commentators have pointed to the need for strengthening regulations in order to make financial institutions more accountable. While economists may not agree with each other, both adequate incentives and better regulations are desirable…

Keywords: Financial Crisis; Financial Regulation; International Banking; Financial Regulatory Reform (search for similar items in EconPapers)
Date: 2011
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