Regulatory Change in an Atmosphere of Crisis PDF Download

Author: Gary M. Walton
Publisher: Elsevier
ISBN: 1483273636
Category : Business & Economics
Languages : en
Pages : 180

View

Book Description
Regulatory Change in an Atmosphere of Crisis: Current Implications of the Roosevelt Years is a collection of papers presented at a conference on Regulatory Change in an Atmosphere of Crisis: The Current-Day Implications of the Roosevelt Years, held in April 1978, at Washington State University. The book presents the findings on several of the major economic reforms of the Roosevelt years and assesses their implications. The text discusses a variety of issues of the period such as the short term measures implemented during the crisis of the 1930s; the Roosevelt New Deal and its consequences; banking reforms in the 1930s; and the social welfare programs that originated in the Roosevelt years. Historians, economists, financial experts, and students will find the book a great source of insight and information.

Author: Richard A. Harris
Publisher: Oxford University Press, USA
ISBN:
Category : Administrative procedure
Languages : en
Pages : 364

View

Book Description
The past three decades have brought remarkable change in American regulatory politics. The re-emergence of public interest movements in the sixties and seventies raised fundamental questions about our market economy and dramatically expanded the government's regulatory role in the protection of public health, the consumer, and the environment. The far-reaching effects of this new regulatory regime in turn precipitated a counter-movement to restrict social and economic regulation spearheaded by the Reagan administration. In their first edition of The Politics of Regulatory Change, Richard Harris and Sidney Milkis assessed the long-term consequences of the Reagan administration's attempt to drastically curtail social regulation through an in-depth study of how two of the most influential regulatory agencies, the Federal Trade Commission and the Environmental Protection Agency, were affected by administration reforms. Now with their second edition, Harris and Milkis continue their assessment, creating a completely revised edition that includes coverage of the changes in regulatory politics during the Bush and Clinton administrations. They conclude that the essential elements of the 'public lobby regime' remain intact, even as the successive deregulatory assaults on that regime in the 1980's and 1990's have polarized Washington not simply over public policy but more fundamentally over the just ends of the American political system.

Author: Jihad Dagher
Publisher: International Monetary Fund
ISBN: 1484337743
Category : Business & Economics
Languages : en
Pages : 89

View

Book Description
Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.

Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
ISBN: 057874841X
Category : Science
Languages : en
Pages : 196

View

Book Description
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Author: James Gustave Speth
Publisher: MIT Press
ISBN: 0262542986
Category : Political Science
Languages : en
Pages : 304

View

Book Description
A devastating, play-by-play account of the federal government's leading role in bringing about today's climate crisis. In 2015, a group of twenty-one young people sued the federal government for violating their constitutional rights by promoting the climate catastrophe, depriving them of life, liberty, and property without due process of law. They Knew offers evidence for their claims, presenting a devastating, play-by-play account of the federal government's role in bringing about today's climate crisis. James Speth, tapped by the plaintiffs as an expert on climate, documents how administrations from Carter to Trump--despite having information about climate change and the connection to fossil fuels--continued aggressive support of a fossil fuel based energy system. What did the federal government know and when did it know it? Speth asks, echoing another famous cover up. What did the federal government do and what did it not do? They Knew (an updated version of the Expert Report Speth prepared for the lawsuit) presents the most compelling indictment yet of the government's role in the climate crisis, showing a forty-year failure to take action. Since Juliana v. United States was filed, the federal government has repeatedly delayed the case. Yet even in legal limbo, it has helped inspire a generation of youthful climate activists. An Our Children’s Trust Book

Author: Cary Coglianese
Publisher: Brookings Institution Press
ISBN: 0815728433
Category : Political Science
Languages : en
Pages : 324

View

Book Description
Whether striving to protect citizens from financial risks, climate change, inadequate health care, or the uncertainties of the emerging “sharing” economy, regulators must routinely make difficult judgment calls in an effort to meet the conflicting demands that society places on them. Operating within a political climate of competing demands, regulators need a lodestar to help them define and evaluate success. Achieving Regulatory Excellence provides that direction by offering new insights from law, public administration, political science, sociology, and policy sciences on what regulators need to do to improve their performance. Achieving Regulatory Excellence offers guidance from leading international experts about how regulators can set appropriate priorities and make sound, evidence-based decisions through processes that are transparent and participatory. With increasing demands for smarter but leaner government, the need for sound regulatory capacity—for regulatory excellence—has never been stronger. In addition to chapters by editor Cary Coglianese, and a foreword by Jim Ellis, president and chief executive officer of the Alberta Energy Regulator, contributors include Robert Baldwin (London School of Economics and Political Science), John Braithwaite (Australian National University), Angus Corbett (University of Pennsylvania), Daniel Esty (Yale University), Adam Finkel (University of Pennsylvania and University of Michigan), Ted Gayer (Brookings Institution), John Graham (Indiana University), Neil Gunningham (Australian National University), Kathryn Harrison (University of British Columbia), Bridget Hutter (London School of Economics and Political Science), Howard Kunreuther (Wharton School at the University of Pennsylvania), David Levi-Faur (Hebrew University of Jerusalem), Shelley H. Metzenbaum (Volcker Alliance), Donald P. Moynihan (University of Wisconsin–Madison), Paul R. Noe (American Forest and Paper Association), Gaurav Vasisht (Volcker Alliance), David Vogel (University of California–Berkeley), and Wendy Wagner (University of Texas School of Law).

Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309454204
Category : Science
Languages : en
Pages : 281

View

Book Description
The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.

Author: Mr. Dimitri G Demekas
Publisher: International Monetary Fund
ISBN: 1616356529
Category : Business & Economics
Languages : en
Pages : 45

View

Book Description
There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated. Their diagnostic and policy toolkits are still in their infancy. They cannot (and should not) expand their mandate unilaterally. Taking on these new responsibilities can also have potential pitfalls and unintended consequences. Ultimately, financial regulators cannot deliver a low-carbon economy by themselves and should not risk being caught again in the role of ‘the only game in town.’

Author: Frederick M. Bernthal
Publisher:
ISBN:
Category : Climatic changes
Languages : en
Pages : 6

View

Book Description

Author: Jacqueline Peel
Publisher: Cambridge University Press
ISBN: 1107036062
Category : Law
Languages : en
Pages : 377

View

Book Description
This book examines how litigation over climate change shapes the choices of governments, corporations and the public regarding mitigation and adaptation.