Stronger Oversight of the Financial SectorLessons from Institutional Reforms in Developing Countries

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KATHARINA NOUSSI

Contents

Introduction

Financial Market Crisis: Origin and Necessary Reforms

Public Finance Oversight in Developing Countries

Theories on Institution Building

Human Rights-Based Approach to Development

Summary and Conclusions

References

“Remember this crisis began in regulated entities.… This happened right under our noses.”

Paul S. Atkins, former member, U.S. Securities & Exchange Commission, 2008*

“The lessons we have to ...

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