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Ten Regulatory Lessons from the Sub-Prime Crisis

T. T. Ram Mohan
Economic and Political Weekly
Vol. 44, No. 11 (Mar. 14 - 20, 2009), pp. 10-12
Stable URL: http://www.jstor.org/stable/40278604
Page Count: 3
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Ten Regulatory Lessons from the Sub-Prime Crisis
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Abstract

The sub-prime crisis that erupted in the United States was the first manifestation of the larger financial crisis that has since swept across the world. What early lessons in regulation – on capital requirements, incentive structures, role of foreign banks, central bank regulation, governance and more – can we draw from the sub-prime collapse? A first listing of 10 lessons.

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