The global finance system has been the subject of hot debate for
several years. Major players such as the International Monetary
Fund and the World Bank have come under fire for their financial
practices, while the role of epistemic authorities, including
rating agencies, remains unclear. This book systematically analyzes
the role knowledge plays in global finance reform by considering
its influence in the empirical areas of finance (banking,
accounting, and bond rating, for example). As the contributors
demonstrate, current institutional management strategies reflect a
shift toward "cognitive," or learning-based modes of managing
financial and political risks--and this cognitive thinking has its
own consequences for the global marketplace.
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