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Evaluation of the effectiveness of modern models of regulation of financial markets


Isaeva E.A., Leshchenko J.G.
(about the authors)

Isaeva Ekaterina Anatolevna – (Moscow Financial and Industrial University “SYNERGY”)

Leschenko Yuliya Georgievna – (Institute of Economics RAS)

Published in:
Creative Economy
– Volume 13, Number 10 (October 2019)

JEL classification: G10, G17, G18, G19

Keywords: efficiency, functional model, institutional model, integrated model, regulation, regulator, Twin Peaks


Citation:
Isaeva E.A., Leshchenko J.G. (2019). Evaluation of the effectiveness of modern models of regulation of financial markets. Creative Economy, 13(10), 2045-2066. doi: 10.18334/ce.13.10.40967


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Abstract:

The article touches upon the problem of regulation of modern financial markets. The authors consider the models of regulation of financial markets used in world practice: institutional by the example of China, integrated by the example of Germany, functional by the example of France, and the Twin Peaks model by the example of Australia. The advantages and disadvantages of each of them are identified. For clarity, indicators of the functioning and regulation of the financial markets of the countries studied are given. Particular attention is paid to improving the effectiveness of financial regulation models.








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