kaal:claim:2273857-004

Financial regulation is characteristically enacted only in the aftermath of financial crises rather than in advance of them.

Source quote, verbatim
Financial regulation is usually enacted in the aftermath of financial crises.
From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), I. Introduction, p. 6
https://ssrn.com/abstract=2273857 · source PDF

Cite as

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

Classification

empiricalsupport: evidencedinstitutional-design

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