... period. It seems that the decision made by the KSE’s board to implement lower cap on prices for an extended period was ineffective. Practical implications – Market intervention by regulators to bring calm in the financial markets have negative consequences across the globe. The results presented...

... economy Government policy Regulation Global crisis Macro‐prudential regulation Even though there is a general consensus regarding the crucial role of financial systems for economic development, important areas of disagreement still persist, namely, the type of financial system most conducive...