So a fair verdict would be that the FSB has done no more and no less than what its political masters have been prepared to allow it to do. There is no political will to create a body that could genuinely police international standards and prevent countries from engaging in competitive deregulation – and prevent banks from engaging in regulatory arbitrage.
因此，公正的结论是金融稳定委员会做得不多也不少，恰好等于炮制它的政治领导人所准备让它做的。没有人有政治意愿建立真正可以监督国际标准、阻止各国竞相去监管化——从而防止银行从事监管套利——的机构。看上去我们得等到下一场危机才会下定决心行动。与此同时，金融稳定委员会虽然弱点重重，已是我们所能有的最佳方案。