Do monetary sector groups act as passive policy takers, or do they 'shape' the policies to which they are subject? This article act in response to this inquiry with three arguments pertaining to the policy shaping power of the financial industry in regards to international monetary standards. First, business groups face a number of added challenges when it comes to lobbying international regulatory bodies, which have a tendency to be less clear in their decision making and harder to hold accountable when they make detested decisions.
While these groups are sporadically able to shape economic regulatory policy, the extent of this influence is conditional and partial than most characterizations point out. The 3rd argument advanced is that since the global financial crisis, business groups have had many of their conventional lobbying tools distorted, making lobbying a uphill battle than before. Financial business groups are able to influence the government of their very own activities and act as 'policy shapers' a number of the time, but are firmly positioned in this role than many existing depictions seem to imply.
Policy Takers or Policy Makers The Lobbying of Global Banking Regulators Case Study Solution
PUBLICATION DATE: November 15, 2013 PRODUCT #: BH565-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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