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The Governance of Macroprudential Policy: How to Build Regulatory Legitimacy Through a Social Justice Approach Tracy C Maguze, John Linarelli, Teresa Rodríguez de las Heras Ballell ebook
- Page: 272
- Format: pdf / epub / kindle
- ISBN: 9781509968435
- Publisher: Bloomsbury Academic
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Overview This book critically examines the theoretical foundations and legal framework for macroprudential policy, its tools and governance in the UK, the US, and the EU. It goes deeper into a normative discussion of the legitimacy of macroprudential policy in these jurisdictions, where the mandate for maintaining financial stability has been delegated to independent authorities.
The Global Financial Crisis of 2007-2008 reopened debates regarding legitimacy of the independent regulatory state,...