One day conference at St Antony’s College,
University of Oxford
Policy responses to the Great Financial Crisis: one day conference at St Antony’s College, University of Oxford.
The Great Financial Crisis has triggered an ongoing assessment of what went wrong, and what can be done going forward to prevent a similar financial crisis.
This assessment has driven a broad policy response in the realms of monetary and fiscal policy and financial regulation and supervision. To date, the policy response reflects a common recognition that the numerous and far-reaching benefits of financial integration are not without risks, in particular, the risk of contagion and the possibility of a landscape of future domestic, regional and global systemic crisis.
This Special Issue, published in two parts by Emerald’s Journal of Financial Regulation and Compliance has selected a number of new articles that evaluate both the assessments made and actions taken by policymakers. The authors of the Special Issue came together at St Antony's to present these papers.
Highlighted papers
Since its inception in 1992, the Journal of Financial Regulation and Compliance has provided an authoritative and scholarly platform for international research in financial regulation and compliance, gathering research from academics and regulators or central bankers.
This Special Issue, guest edited by Charles Enoch, Tom Huertas, David Llewellyn and María Nieto, showcases high quality research from eminent authors, such as Charles Goodhart, and key organizations such as the International Monetary Fund and the European Central Bank.
- Editorial: David T. Llewellyn, Maria J. Nieto, Thomas F. Huertas, Charles Enoch, (2017) "Editorial", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 3, pp.230-235
- Charles Goodhart, (Financial Markets Group, London School of Economics and Political Science, London, UK) : "Has regulatory reform been misdirected?", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 3, pp.236-240
- Larry D. Wall, (Research Department, Federal Reserve Bank of Atlanta, Atlanta, Georgia, USA): "Recent changes in US regulation of large foreign banking organizations", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 3, pp.318-332
- Stephan Fahr, (DG-Macroprudential Policy and Financial Stability, European Central Bank, Frankfurt am Main, Germany) and John Fell, (DG-Macroprudential Policy and Financial Stability, European Central Bank, Frankfurt am Main, Germany): "Macroprudential policy – closing the financial stability gap", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 4, pp.334-359
- Charles A.E. Goodhart, (Financial Markets Group, London School of Economics and Political Science, London, UK), Miguel A. Segoviano, (MCM, International Monetary Fund, Washington, DC, USA): "An approach for initiating interventions for bank recovery", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 4, pp.360-380
- Olivier Frecaut, (Lead Financial Sector Expert, Monetary and Capital Markets Department, International Monetary Fund) "Systemic banking crises: completing the enhanced policy responses", Journal of Financial Regulation and Compliance, Vol. 25 Issue: 4, pp.381-395
View both issues in full online:
Videos from the event
Video 1: Introduction and welcome (Charles Enoch, John Ashton, and Tom Huertas)
Video 2: Panel 1: Handling bank failures (Chair: María Nieto)
Video 3: Panel 2: Regulatory challenges and new financial intermediaries
(Chair: Tom Huertas)
Video 4: Panel 3: Macroprudential policy and business conduct (Chair: John Ashton)
Video 5: Panel 4: Financial stability after the crisis (chair: Charles Enoch)
Video 6: Conclusions and closing words (David Llewellyn)
Olivier Frecaut, Lead Financial Sector Expert, Monetary and Capital Markets Department, International Monetary Fund refers to the JFRC Special Issue as "great work."
Photos from the event
Visit the conference photo gallery, courtesy of Susan Taylor.
