Spring, Frances (contributor) - 2001
steps in to control them through regulation, central bank action,
and fiscal policy.” His financial wisdom endeared him to … suggest five
general lessons to be gained from the experience.
Lesson 1
First, financial market regulation must be dynamic ….
Moreover, t h ere is an on going interacti on
between regulation and those institutions that are
reg u l a ted . Reg u l a ti …