financial reforms
Monetary system changes
Financial reforms are changes to laws, regulations, or institutions governing banking, investment, and monetary systems.
Governments typically pursue financial reforms after economic crises or to modernize outdated systems: The administration promised sweeping financial reforms after the banking collapse.
Reforms may strengthen oversight, increase transparency, or restructure how markets operate.
- anti-corruptionOpposing abuse of office
- complianceAdhering to requirements
- restructuringRearranging an existing framework
- privatizationState sells public assets
- microfinanceSmall loans for poor entrepreneurs
shadow banking · oversight · governance · moral hazard · competition · wealth distribution · investor protection · accountability · central banking · stress test · transparency · price stability · poverty alleviation · legislation · mergers · bad loans · operational efficiency · auditing
- Korea 1990sdemocratization, chaebol, Hyundai, Samsung, economic crisis
- French taxationcapitation, corvee, aides, salt tax, direct taxes
financial reformsstatus quo
Existing condition of affairs
business as usual · entrenchment · conservatism · standing pat
financial reformsfinancial deregulation
Reducing government economic controls
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