Jump to ContentJump to Main Navigation
Financial Deregulation – A Historical Perspective - Oxford Scholarship Online
Users without a subscription are not able to see the full content.

Financial Deregulation: A Historical Perspective

Alexis Drach and Youssef Cassis


A wave of liberalization swept the end of the twentieth century. From the 1970s and 1980s onwards, most developed countries have passed various measures to liberalize and ‘modernize’ the financial markets. Each country had its agenda, but most of them have experienced, to a different extent, a change in regulatory regime. This change, often labelled deregulation and associated with the advent of neoliberalism, was sharply contrasting with the previous era, the Bretton Woods system, which has sometimes been portrayed as an era of ‘financial repression’. On the other hand, a quick glance at fina ... More

Keywords: financial regulation, financial deregulation, globalization, banking supervision, European integration, liberalization, neoliberalism

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780198856955
Published to Oxford Scholarship Online: June 2021 DOI:10.1093/oso/9780198856955.001.0001


Affiliations are at time of print publication.

Alexis Drach, editor
Research Associate in International Economic History, Glasgow University, UK

Youssef Cassis, editor
Research Professor, Robert Schuman Centre for Advanced Studies, European University Institute, Italy