Argues that the global, informal process supervising the financial system is an overlooked form of international governance that actually works.
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David Zaring is Associate Professor in the Department of Legal Studies and Business Ethics at the Wharton School of the University of Pennsylvania. He writes at the intersection of financial regulation, international law and domestic administration. He has written over forty articles, including publications in the University of Chicago, Cornell, Michigan, New York University and Virginia law reviews, and a number of international law journals.
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Hardcover. Etat : new. Hardcover. 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. This book is for readers who want to understand how finance is governed. As the world looks for sustainable models of global governance, the consistency of the international financial regulatory system as described in this insightful book could be a successful model of soft law. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9781108475518
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Gebunden. Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book is for readers who want to understand how finance is governed. As the world looks for sustainable models of global governance, the consistency of the international financial regulatory system as described in this insightful book could be a success. N° de réf. du vendeur 298712212
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Buch. Etat : Neu. The Globalized Governance of Finance | David Zaring | Buch | Gebunden | Englisch | 2019 | Cambridge University Press | EAN 9781108475518 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. N° de réf. du vendeur 116835043
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