Political Insecurity and the Diffusion of Financial Market Regulation

@article{Way2005PoliticalIA,
  title={Political Insecurity and the Diffusion of Financial Market Regulation},
  author={Christopher R. Way},
  journal={The ANNALS of the American Academy of Political and Social Science},
  year={2005},
  volume={598},
  pages={125 - 144}
}
  • Christopher R. Way
  • Published 2005
  • Economics
  • The ANNALS of the American Academy of Political and Social Science
  • Explanations for the international spread of financial market liberalization have emphasized either “top-down” mechanisms (globalization, pressure from international organizations and the United States) or “bottom-up” mechanisms focusing on domestic coalitions (derived from configurations of economic interests). In contrast to these broadly structural approaches that deemphasize the choices of individuals, this article focuses on the micro-mechanisms of diffusion by emphasizing the incentives… CONTINUE READING
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