The International Law and Politics of the Financial and Monetary System
Chapter 16: Global financial regulation
This chapter delves into the causes of financial instability that is behind the large number of financial crises that have ruled our world. We explore how states have tried to tame that instability through the creation of international institutions such as the Basel Committee on Banking Supervision and the Financial Stability Board. We expose the cases in which the efforts of states to regulate global finance have been inadequate and the critiques that have been leveled against the globalization of the financial regulatory landscape.
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