kaal:claim:3405660-013
A single global financial regulator is not a serious policy option because national political interests are incoherent and cannot readily be united to establish such a body.
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Given national incoherent political interests and the problem of uniting them to set up an international body, the idea of a single global regulator is not on any serious agenda.
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failuresupport: arguedfailure: global regulator infeasibilityfamily: harmonization-and-standardization-failureeconomicsdynamic-regulation
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