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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Senior Research Fellow, Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Germany.
Professor of Public Law, International Law and European Law, Justus-Liebig-Universität Giessen, Germany.
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Hardcover. Condition: new. Hardcover. International financial relations have become increasingly important for the development of both global and national economies. These relations are at present primarily governed by market forces with little regulatory interference at the international level. But is this absence of regulation wise? Collaborators to this volume consider various options for reform, providing relevant background; in addition, a comparative approach to national attempts for regulating international financial markets is taken. Consideration is given to relevant institutions such as the European Central Bank, the Basel Committee, the IMF and the World Bank. The book concludes with policy considerations for reform. This will be of interest to scholars of comparative public law, economic law and public international law, as well as economists involved with constitutional economics and political scientists involved with regmine theory and constitutionalisation). Legal practitioners and politicians as well as officials in bank and financial institutions will also find it useful. A framework for analysing options for the regulation of international financial markets from a public international law and comparative law perspective. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780521831444
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