Global Financial Regulation: Shortcomings and Reform Options

FINANCIAL STRUCTURE, SAVING AND GROWTH: SAFETY NETS, REGULATION, AND RISK REDUCTION IN GLOBAL FINANCIAL MARKETS By

Financial Structure, Saving and Growth: Safety Nets, Regulation, and Risk Reduction in Global Financial Markets

IMF Voting Reform: Need, Opportunity and Options

The IMF’s economically-weighted voting system gives rise to a major asymmetry of political power, both directly and indirectly, and to serious systemic inertia. The increasing financial pressure on the Fund, a credible “walk-away” threat by “emerging market” economies, and the potential for effective domestic pressure in developed countries together provide an important opportunity for change. ...

Financial Reform Begins at Home

Recent scandals have called our attention to an issue, financial reporting, that we all know, privately at least, is long overdue. The issue goes far beyond fraud, as more and more financial statements require correction. Indeed, many, if not all, financial operations within corporations and government both cost far too much and do not produce the desired result. Reforms led by Congress, Attorn...

Regulatory Arrangements, Financial Stability, and Regulatory Reform