Is Financial Reform An Illusion?
The objectives of the planned structural reform of EU banking are ambitious: to prevent systemic risk, avoid misallocation of resources, and facilitate an orderly resolution
Author profile
Martin Hellwig
Martin Hellwig was appointed as Director of the Max Planck Institute for Research on Collective Goods and Professor of Economics at the University of Bonn in 2004. He holds a doctorate in economics from the Massachusetts Institute of Technology and was the first chair of the Advisory Scientific Committee of the European Systemic Risk Board.