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Towards a Cognitive Mode in Global Finance? - The Governance of a Knowledge-Based Financial System (Paperback): Helmut Willke,... Towards a Cognitive Mode in Global Finance? - The Governance of a Knowledge-Based Financial System (Paperback)
Helmut Willke, Torsten Strulik
R1,082 R932 Discovery Miles 9 320 Save R150 (14%) Out of stock

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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