Are we bad students or do we have poor teachers: why don’t we learn the lessons from previous crises?

Schenk, C. (2010) Are we bad students or do we have poor teachers: why don’t we learn the lessons from previous crises? Corporate Finance Review, 15(2), pp. 5-10.

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Abstract

The global financial crisis of 2007/8 revealed many flaws in the system of regulating and supervising the international banking and financial system. This article shows that most of these flaws had been recognised in earlier crises throughout the 20th century, but that efforts to reform the system were stymied by a range of practical and institutional factors.

Item Type:Articles
Status:Published
Refereed:No
Glasgow Author(s) Enlighten ID:Schenk, Professor Catherine
Authors: Schenk, C.
Subjects:H Social Sciences > HC Economic History and Conditions
College/School:College of Social Sciences > School of Social and Political Sciences > Economic and Social History
Journal Name:Corporate Finance Review
Publisher:W G & L Financial Reporting & Management Research
ISSN:1089-327X
Published Online:01 January 2010

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
524121The development of international financial regulation and supervision 1961-1982Catherine SchenkEconomic & Social Research Council (ESRC)ES/H026029/1Economic and Social History