Interconnectivities and regulatory impact [53]

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Bullet points include: Itself debatable C.f. Cold war: command economy versus laissez-faire capitalism But even then plenty of shades in between Usually subdivided between elements relating to What level of capital do we want firms to hold (‘prudential’) What sorts of behaviours do we want firms to exhibit (‘conduct’) Command economy Financial regulation? Laissez-faire / light touch Here or Here

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