kaal:claim:2273857-017

Post-crisis rulemaking occurs in an economic, political, and legal environment whose sense of urgency prevents a full evaluation of the consequences of new rules for all affected constituencies.

Source quote, verbatim

Rulemaking takes place in an economic, political, and legal environment that creates a sense of urgency for rulemaking and may not permit a full evaluation of the possible consequences for all constituencies.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II. The Political Economy of Financial Regulation, p. 11
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

Holds when

rulemaking under post-crisis urgency

Classification

mechanismsupport: argueddynamic-regulationeconomics

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