Roles for e-government in financial regulation and monitoring

Governments are deploying new information and communications technology in response to the global financial crisis. These electronic government technologies have the potential to deliver imaginative options for policy-making processes as well as for the debates that surround them. For governments, the current most critical issue is how to rebuild trust in a system of financial weaknesses and governmental responses that has proved so highly untrustworthy to date. At this time, however, no one knows what these attempts at rebuilding trust might consist of, much less what they could possibly achieve in terms of refashioning the entire financial system – ideally, a system with more effective policies in place for financial regulation and monitoring.

Sustainable Development Goals:

Peace, Justice and Strong Institutions