Global Financial Regulations: An Antidote to Economic Predicament

• 来源期刊: 经济与政治研究（英文版）
• 关键词: global financial regulations financial crisis G20
• 年，卷（期）: 2014,（2）
• 页码范围: 26-45
• 页数: 20页
• 语种: 英文

摘要

Due to the lack of public order in the international financial arena,asset bubbles and resource misallocations persisted over a long period of time and resulted in global financial crisis in 2008.Global financial rules,which can take on a role like that of WTO in the international trade,are urgently needed for global economic recovery.They will balance the pressure of economic restructuring between large and small countries,and push forward some countries' domestic reforms which may hardly be implemented due to domestic politics.