This paper examines the evolution of financial supervision as a policy tool over the last three
decades, with a focus on the issues raised by the Global Crisis. It considers a sample of …

Over the last fifteen years, many countries introduced reforms into the supervisory
architecture of their financial sector. However, there is no evidence on whether specific …

This article analyses the pillar of modern central bank governance, ie central bank
independence, from three perspectives. First, we provide a systematic review of the …

It has been argued that economies with more independent central banks experience lower
inflation over time. In this paper we show that this relationship is sensitive to the …

Abstract Following the 2007–09 Global Financial Crisis many countries have changed their
financial supervisory architecture by increasing the involvement of central banks in …

This symposium homes in on an area of public administration that has been through a
period of significant change in the last ten years. Since the global financial crisis, central …

In recent years, policy-makers and financial authorities have established an intricate, multi-
level framework for 'macro-prudential'policy-making in the European Union. This article …

This paper discusses the theory of financial regulation and practices in countries and South
Africa in particular. One of the causes of the global financial crisis (2007-2009) often cited is …

In response to the current financial crisis, many countries are considering reforms in their
supervisory regimes, while others, who went through a round of reforms before the crisis, are …

Since the mid-1990s worldwide efforts were undertaken to improve the effectiveness of
financial supervision, through modifications in the architecture and governance. Did these …