Lastra, Rosa M.; Wood, Geoffrey - In: Journal of International Economic Law 13 (2010) 3, pp. 531-550
This article analyses the nature and causes of the financial crisis of 2007--09 as well as the regulatory responses. There are two types of crises: banking crises, which affect the money stock and thus threaten the economy, and financial crises, which may destroy wealth but do not endanger the...