Home
Law
Banking / Finance
The Globalized Governance of Finance

The Globalized Governance of Finance

Name: The Globalized Governance of Finance
Brand: Cambridge University Press
SKU: 9781108468596
Price: 466.57 HKD
Availability: InStock
Author: David Zaring
ISBN: 9781108468596

By David Zaring

Cambridge University Press December 2019

Specifications

ISBN-13: 9781108468596
Publisher: Cambridge University Press
Publication: December 2019
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

Big banks are capable of wreaking havoc on the global economy, and governments have often felt powerless to stop them. Regulators have responded by developing coordinated programs to handle banks, insurers, broker dealers, shadow banks and other businesses that can blow up in a crisis. This program began informally and undemocratically, and has developed into something much more organized, formalized and predictable, even though it has never been legally enforceable. David Zaring examines the realities of the current international financial system and concludes that in fact this is a well-ordered and functioning regulatory environment: the international financial system enjoys a substantial degree of compliance, and operates predictably and harmoniously. As a result, perhaps this could serve as a paradigm for future global governance. Zaring explores three aspects of international financial regulation that can inform global governance: harmonization through rules, cooperation on enforcement and agreement on fundamental principles.

1. A transformative Forty Years

2. The structure and rules of the globalized governance of finance

3. Banking, global oversight's ne plus ultra

4. Securities regulation: cooperation instead of harmonization

5. Cooperation in insurance: a slow start, but a fast present

6. The other networks of financial regulation

7. International financial regulation and international law

8. International financial regulation and China

9. The next financial crisis and postscript.

HKD 466.57 −3%

HKD 481.00

Inclusive of HK delivery