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Governance of Global Financial Markets: The Law, the Economics, the Politics

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Governance of Global Financial Markets: The Law, the Economics, the Politics

Author:   Emilios Avgouleas
Publisher:   Cambridge University Press
ISBN:  

9780521762663


Pages:   520
Publication Date:   30 April 2012
Format:   Hardback
Availability:   Not yet available   Availability explained
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Overview

The recent financial crisis proved that pre-existing arrangements for the governance of global markets were flawed. With reform underway in the USA, the EU and elsewhere, Emilios Avgouleas explores some of the questions associated with building an effective governance system and analyses the evolution of existing structures. By critiquing the soft law structures dominating international financial regulation and examining the roles of financial innovation and the neo-liberal policies in the expansion of global financial markets, he offers a new epistemological reading of the causes of the global financial crisis. Requisite reforms leave serious gaps in cross-border supervision, in the resolution of global financial institutions and in the monitoring of risk originating in the shadow banking sector. To close these gaps and safeguard the stability of the international financial system, an evolutionary governance system is proposed that will also enhance the welfare role of global financial markets.

Full Product Details

Author:   Emilios Avgouleas
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
ISBN:  

9780521762663


ISBN 10:   0521762669
Pages:   520
Publication Date:   30 April 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Forthcoming
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon it's release.

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Emilios Avgouleas holds the Chair of International Financial Markets and Financial Law at the University of Manchester, where he is the Director of the LLM programme. He also holds a number of visiting professorships, and has written extensively in the wider fields of financial law and economics, behavioural finance and financial regulation, and EC financial services law.

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