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The Regulation of International Financial Markets - Perspectives for Reform (Paperback)
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The Regulation of International Financial Markets - Perspectives for Reform (Paperback)
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International financial relations have become increasingly
important for the development of global and national economies. At
present these relations are primarily governed by market forces,
with little regulatory interference at the international level. In
the light of numerous financial crises, this abstinence must be
seriously questioned. Starting with an analysis of the regulatory
problems at the international level, with only minimal powers
entrusted to international organisations, this book develops
various possibilities for reform. On the basis of an historical
analysis, the book first adopts a comparative approach to national
attempts to regulate international financial markets, then outlines
the potential of relevant institutions and finally develops a
policy perspective. It seeks to provide a framework for analysing
options for the regulation of international financial markets from
a public international law and comparative law perspective.
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