This volume presents a restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what sort of countries and sectors require special attention and policies. Key topics covered include: the need to recast the form of regulation; incentive structures for financial regulation; proportionality; new techniques for risk management; regulation in emerging countries; crisis management; and prospects for financial regulation in the future.

Financial Regulation presents an important restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what sort of countries and sectors require special attention and policies. Key topics covered include:
* the need to recast the form of regulation
* incentive structures for financial regulation
* proportionality
* new techniques for risk management
* regulation in emerging countries
* crisis management
* prospects for financial...

Oak Tree Farm is a housing estate you would not want to come across accidentally. It should be avoided at the best of times, never mind when things have deteriorated. It is the season of goodwill, seven days before Christmas. The estate has exploded in an angry cloud of overturned vehicles; the secondary school sits slumped in a pile of smouldering ashes. You do not pick and choose the environment you are born into, unfortunately. Bored kids need occupying. Dads are absent or unknown; mums are too preoccupied with everyday living, pregnancy, alcohol and making ends meet on the dole, to care...