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Financial Markets and Regulatory Accountability: Between Technocratic…
- Financial Markets and Regulatory Accountability: Between Technocratic Autonomy and Democratic Direction
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approach
increase in politicization and democratic control of financial market policy and regulation reduces market herding ancd counter-balace problems TBTF or TCTF
goals
to give reasons for doubting that technocratic networking of central bankers is an appropriate answare toa crisis that was predicated on over connectedness of markets
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to critique the pre-crisis model of post hoc accountability as a legitimazation for delegation of functions to technocratic agencies
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