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Stefano Pagliari

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Working Paper

Europe between financial repression and regulatory capture

Highlights The financial crisis modified drastically and rapidly the European financial system’s political economy, with the emergence of two competing narratives. First, government agencies are frequently described as being at the mercy of the financial sector, routinely hijacking political, regulatory and supervisory processes, a trend often referred to as “capture”. But alternatively, governments are portrayed […]

By: Éric Monnet, Stefano Pagliari and Shahin Vallée Topic: Banking and capital markets Date: July 9, 2014