Scenarios about 'financial deregulation'
Financial deregulation refers to the removal or relaxation of government rules and oversight in banking and financial markets, often aimed at increasing competition and market efficiency. This policy approach gained prominence in the 1980s with initiatives like the repeal of Glass-Steagall in the US and Big Bang reforms in the UK. In alternate history scenarios, different approaches to financial regulation can dramatically alter economic development paths, crisis vulnerability, and the balance of power between states and financial institutions.
What If London Implemented Different Financial Regulations After Big Bang?
Exploring the alternate timeline where Britain adopted a more restrictive regulatory framework following the 1986 financial deregulation, potentially altering global finance, the 2008 crisis, and Brexit.