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Difficulties of the Financial Reform in the USA
https://doi.org/10.32609/0042-8736-2013-10-147-158
Abstract
We study the reform of financial regulation initiated by the Dodd—Frank Wall Street Reform and Consumer Protection Act of 2010. Major factors impeding Obama’s financial and economic policy are explored, including institutional difficulties, party warfare, lobbyism, and systemic inconsistencies of international financial regulation. We also examine challenges that are being faced by economic and political sciences due to the changes in financial regulation and also assess the level of radicality of the financial reform.
Keywords
financial crisis,
financial regulation,
financial reform,
Dodd— Frank Act,
international financial regulation
JEL: G18; G28; G38
About the Author
V. Kulakova
Institute of World Economy and International Relations, RAS (Moscow, Russia)
Russian Federation
Russian Federation
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Review
For citations:
Kulakova V. Difficulties of the Financial Reform in the USA. Voprosy Ekonomiki. 2013;(10):147-158. (In Russ.) https://doi.org/10.32609/0042-8736-2013-10-147-158
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