Regulatory Reforms after Covid

Publication Date
Financial Markets Group Special Papers SP 259
Publication Authors

Fiscal crises, particularly following a pandemic of the magnitude of Covid-19, spur regulatory reform, for example in registering property, trading across borders, protecting investors and resolving bankruptcy. Such reforms display systematic patterns: countries reform when their neighbors have reformed too. Regulatory reforms span political regimes: political change and democratic accountability have little effect on the incidence of regulatory reform.