Two and a half years after the onset of the global financial crisis, this briefing takes stock of what has changed as the result of the crisis, and what major issues remain to be addressed.
The Financial Crisis, Regulatory Reform, and International Coordination: What Remains to Be Done
The Financial Crisis, Regulatory Reform, and International Coordination: What Remains to Be Done
Global Economic Analysis
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The world economy is at a key juncture. The financial crisis and resulting global recession of 2009 has changed the way we think. While growth has restarted, it is hesitant, its future is uncertain, and the memory of the crisis is fresh. If fundamental reforms are to be implemented at all, they need to be agreed upon soon.
This briefing looks at what has changed as the result of the crisis, and what major issues remain to be addressed. Rather than focusing on the details of policy measures, the authors consider instead how the crisis has changed the environment for policy and brought about a fundamental rethinking of policy frameworks.
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