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Monitoring success: on a fundamental principle of financial regulation

By: Marjit, Sugata.
Material type: materialTypeLabelArticlePublisher: 2003Description: p.1871-873.Subject(s): Financial policy In: Economic and Political WeeklySummary: Financial disasters have become common round the world. Their nature has been complex and varied, but the strong common link is that they have all underscored the importance of regulatory supervision of financial deals. This essay traces an even more fundamental relationship among apparently dispersed and unrelated problems. This has to do with the lack of monitoring of any system which performs well. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 38, Issue no: 19 Available AR56901

Financial disasters have become common round the world. Their nature has been complex and varied, but the strong common link is that they have all underscored the importance of regulatory supervision of financial deals. This essay traces an even more fundamental relationship among apparently dispersed and unrelated problems. This has to do with the lack of monitoring of any system which performs well. - Reproduced.

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