The Design and Governance of Financial Stability Regimes
A Challenge of Technical Know How, Democratic Accountability and International Coordination.
The reforms made to financial regulation regimes around the world since the 2007–2009 crisis have been simultaneously even and uneven — even, in so far as there is a shared core of reforms to banking and some capital markets; uneven, in the extraordinary diversity in the architecture and purposes of national regimes to preserve financial stability.