Why is Civil Aviation Regulation More Effective than Financial Regulation?

By |2017-10-18T06:33:57+10:007 May 2017|Categories: Regulation, Responsive Regulation|Tags: , |

 

In a recent article[1] I argued that civil aviation regulation responded much more effectively to prevent hijacking following 9/11 compared to other regulators with responsibility for terrorism prevention. And they responded much more effectively than banking regulators have done in learning from past financial crises to prevent future ones.

Some […]