000 01620naa a2200181uu 4500
001 0041612580537
003 OSt
005 20190211171041.0
008 100416s2009 xx ||||gr |0|| 0 eng d
100 1 _aBAKIR, Caner
_938542
245 1 0 _aThe governance of financial regulatory reform :
_bthe australian experience
260 _aMalden :
_bWiley-Blackwell,
_cDecember 2009
520 3 _aThe dominant perspective in the literature linking governance, globalization and public policy argues that globalization undercuts state capacity, weakening a government's ability to effectively regulate its domestic affairs. This paper shows otherwise with special reference to the Australian experience in financial regulation. It challenges the conventional wisdom that the Australian state is weak and cannot adopt anticipatory industrial policies. This paper argues that the adoption of the 'twin peaks' model of financial regulatory arrangements is an example of the existence of government-led steering in Australia which can adopt a proactive approach to financial regulation by steering and coordinating policy networks. 'Governance through hierarchy' in the financial services industry may be a function of the government's political entrepreneurship; its skill in setting and implementing an agenda; and an ability to create new policy communities and networks.
773 0 8 _tPublic Administration: An International Quarterly
_g87, 4, p. 910-922
_dMalden : Wiley-Blackwell, December 2009
_xISSN 00333298
_w
942 _cS
998 _a20100416
_b1258^b
_cDaiane
998 _a20100420
_b1553^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c32442
_d32442
041 _aeng