Morris Goldstein traces the history of recent battles to reform the banking system and the reasons why banks have resisted adjustments needed to avoid another global financial meltdown.
The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.
About PIIEPIIE’s renowned scholars explore and analyze a broad range of economic topics and issues, including globalization, economic and growth prospects, finance, political economy, and trade and investment, as well as economic challenges facing individual regions and countries.
View allEconomic policy research by the Institute’s 50+ internationally recognized scholars is the foundation of our mission and work.
View AllOur widely recognized specialists on international economics bring their expertise to bear on a vast and diverse range of topics and regions.
View allMorris Goldstein traces the history of recent battles to reform the banking system and the reasons why banks have resisted adjustments needed to avoid another global financial meltdown.