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Andrew Cornford
Thursday 18 May, 2017
Banking reforms to regulate the financial sector have broadly remained inadequate. In the book reviewed, Shirreff proposes the legal separation of banking activities into three groups, a return to unlimited liability for partners in investment banks and caps on total remuneration as the radical and effective steps needed to stabilise the sector. He also favours scrapping of Basel I and II norms and the application of a financial transaction tax. The global applicability and acceptance of these proposals, however, remains uncertain.
Andrew Cornford
Monday 31 August, 2015
The author here illustrates the fact that in the reports prepared by FSB less attention is given to typical problems of design and implementation in developing than in developed countries.
Andrew Cornford
Tuesday 28 May, 2013
The author reviews the latest book by Y.V. Reddy, titled 'Economic Policies and India's Reform Agenda New Thinking', on governance of the global financial and monetary system.
C.P. Chandrasekhar
Thursday 04 April, 2013
The highhandedness shown by the troika (EU, ECB and IMF) in the case of Cyprus once again shows how the core in Europe is pushing the costs of adjustment to the periphery.
 

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