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Title: Dynamics of global financial governance: Constraints, opportunities, and capacities in Asia
Authors: J.J. Woo
M Ramesh 
Michael Howlett 
Mehmet Kerem Coban
Keywords: Asia
Financial governance
Financial sector reform
Policy capacity
Policy regimes
Issue Date: 1-Sep-2016
Publisher: Routledge
Citation: J.J. Woo, M Ramesh, Michael Howlett, Mehmet Kerem Coban (2016-09-01). Dynamics of global financial governance: Constraints, opportunities, and capacities in Asia. Policy and Society 35 (3) : 269-282. ScholarBank@NUS Repository.
Abstract: Policy design, or the deliberate governmental effort to attain desired policy objectives, is an integral part of micro and macro-level fiscal and financial regulation. This paper seeks to address the role of regime coherence and policy capacity in contributing to effective financial policy design. Drawing on the cases of the Global Financial Crisis and Asian Financial Crisis and focusing on Asian states, we assess regime capacity at both international and domestic levels. We argue that it is the integration of analytical, operational and political capacities that have contributed to the overall ability of a government regime to address and respond to crises.
Source Title: Policy and Society
ISSN: 1449-4035
DOI: 10.1016/j.polsoc.2016.10.002
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