Regulatory Structure for Financial Stability and Development
Published By: IGIDR on eSS | Published Date: March, 29 , 2010Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their
financial systems from the crisis. Development and convergence of regulatory apparatus has
been rapid. In some respects, EMEs may be closer to new global norms. The development of
financial markets, however, is a major aim for regulation in EMEs along with financial
stability. The success in achieving these objectives in the Indian case is examined. Some
problems of regulatory overlap and coordination should be resolved keeping in mind the
lessons of the crisis.
Author(s): Ashima Goyal | Posted on: Mar 29, 2010 | Views(1592) | Download (725)