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Setting Standards Is Just the First Step: Maintaining Them IS The Hard Part

Author

Listed:
  • Goodhart, C.A.E.

Abstract

The main reasons for government intervention into the untarmmelled workingof free markets, laisser-faire, have been established for many years; these are: (a)control and limitation of monopoly power. (b)consumer protection. (c)externalities.

Suggested Citation

  • Goodhart, C.A.E., 1997. "Setting Standards Is Just the First Step: Maintaining Them IS The Hard Part," Papers 97-06, University of Birmingham - International Financial Group.
    • Handle: RePEc:fth:birmif:97-06
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    More about this item

    Keywords

    GOVERNMENT POLICY;

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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