Building upon a wide range of literatures, this book argues that
international regulatory institutions become stronger when
oligopolistic institutional arrangements decay and competitive
pressures intensify. This is shown to be the case for global
finance by the study of two inter-state institutions - the Basle
Committee on Banking Supervision and the International Organization
of Securities Commissions, and of the international banking and
securities industries which they seek to regulate. There is also
the development of the concept of "private" regimes.
General
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