In the years before the crisis, there was a race to the bottom, with countries competing on the “l(fā)ightness” of regulation. Iceland may have been the winner of that race, but its citizens were the losers. As the consequences of these failures continue to manifest themselves and discussions of the new regulatory regime proceed, the problem of global co-ordination has moved centre stage.
在危機(jī)爆發(fā)前幾年,各國力爭(zhēng)下游,紛紛在監(jiān)管的“寬松”方面一爭(zhēng)高下。冰島或許是那場(chǎng)競(jìng)賽的贏家,但其民眾卻成了輸家。隨著這些失靈的后果陸續(xù)顯現(xiàn),有關(guān)新監(jiān)管體制的討論持續(xù)進(jìn)行,全球協(xié)作的問題已成為世人矚目的焦點(diǎn)。
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