Financial Regulations in the U.S. and Germany-From National Autarky to International Cooperation?

June 3, 2005 Print

Financial services play a vital role in the transatlantic economy, serving as a major employer, factor of production, and a provider of services. Changes in financial services have been driven by financial globalization and innovation—to the point where experts are beginning to ask whether continued efforts by national governments to regulate their own service sectors must now give way to broader EU and transatlantic arrangements…

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