The Response to the Global Financial Turmoil in Italy: 'A Financial System that Does Not Speak English'

被引:15
作者
Quaglia, Lucia [1 ]
机构
[1] Univ Sussex, Brighton BN1 9RH, E Sussex, England
基金
欧洲研究理事会;
关键词
Financial Crisis; Financial Regulation; Financial Supervision; Italy; Banks; Rescue Plan;
D O I
10.1080/13608740902995810
中图分类号
D0 [政治学、政治理论];
学科分类号
0302 ; 030201 ;
摘要
Addressing the response to the global financial turmoil in Italy, it is argued that in comparison with other financial systems in Europe and worldwide, the Italian financial system has not been dramatically affected by the financial turmoil for two main reasons: the solid framework for financial regulation and supervision and the traditional unsophisticated configuration of financial activities in Italy. However, the economic recession that hit the real economy as a consequence of the financial market turmoil is likely to be heavy and prolonged in Italy.
引用
收藏
页码:7 / 18
页数:12
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