Financial Regulations in the U.S. and Germany-From National Autarky to International Cooperation?

Policy Report 19

Financial services play a vital role in the transatlantic economy, serving as a major employer, factor of production, and a provider of services. Changes in financial services have been driven by financial globalization and innovation—to the point where experts are beginning to ask whether continued efforts by national governments to regulate their own service sectors must now give way to broader EU and transatlantic arrangements…

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The views expressed are those of the author(s) alone. They do not necessarily reflect the views of the American-German Institute.