Governing the World's Biggest Market

Governing the World's Biggest Market

In the wake of the 2008 global financial crisis, the regulation of the world's enormous derivatives markets assumed center stage on the international public policy agenda. Critics argued that loose regulation had contributed to the momentous crisis, but lasting reform has been difficult toimplement since. Despite the global importance of derivatives markets, they remain mysterious and obscure to many.In Governing the World's Biggest Market, Eric Helleiner, Stefano Pagliari, and Irene Spagna have gathered an international cast of contributors to rectify this relative neglect. They examine how G20 governments have developed a coordinated international agenda to enhance control over these markets,which had been allowed to grow largely unchecked before the crisis. In analyzing this reform agenda, they advance three core arguments: first, the agenda to rein in these enormous markets has many limitations; second, the reform process has been plagued by delays, inconsistencies, and tensions thatfragment the governance of these markets; and third, the politics driving the reforms have been extremely complicated. An authoritative overview of how this vast system is governed, Governing the World's Biggest Market looks at how the goals, limitations, and outcomes of post-crisis initiatives to regulate these markets have been influenced by a complex combination of transnational, inter-state, and domesticpolitical dynamics. Moreover, this volume emphasizes how crucial regulatory reform is to stabilizing the global economy long-term.

Read More

Author
Publisher Oxford University Press
Release Date
ISBN 0190864575
Pages 288 pages
Rating 4/5 (76 users)

More Books:

Governing the World?
Language: en
Pages: 137
Authors: Thomas G Weiss
Categories: Education
Type: BOOK - Published: 2015-11-17 - Publisher: Routledge

Problems posed by Syria s chemical weapons attacks, Egypt s ouster of an elected government, and myriad other global dilemmas beg the question of whether and ho
Governing the World
Language: en
Pages: 496
Authors: Mark Mazower
Categories: Political Science
Type: BOOK - Published: 2012-10-04 - Publisher: Penguin UK

The compelling and provocative history of world government, from acclaimed author Mark Mazower Shortlisted for the RUSI 2013 Duke of Wellington Medal for Milita
Governing the World Economy
Language: en
Pages: 298
Authors: Willem Molle
Categories: Business & Economics
Type: BOOK - Published: 2013-09-05 - Publisher: Routledge

The major problems the world faces have increased since the turn of the millennium. Recurrent storms on the financial markets have ravaged many countries, pover
Governing the World's Biggest Market
Language: en
Pages: 288
Authors: Eric Helleiner
Categories:
Type: BOOK - Published: 2018-03-16 - Publisher: Oxford University Press

In the wake of the 2008 global financial crisis, the regulation of the world's enormous derivatives markets assumed center stage on the international public pol
Governing the World Without World Government
Language: en
Pages: 96
Authors: Roberto Mangabeira Unger
Categories: Political Science
Type: BOOK - Published: 2022-07-19 - Publisher: Verso Books

The world does not need a world government to govern itself. Roberto Mangabeira Unger argues that there is an alternative: to build cooperation among countries
Asia’s Role in Governing Global Health
Language: en
Pages: 312
Authors: Kelley Lee
Categories: Political Science
Type: BOOK - Published: 2013-02-15 - Publisher: Routledge

In an era of rapid and extensive globalisation, the world faces a wide range of transboundary problems that require effective collective action. Key among these
Governing the Environment in the Early Modern World
Language: en
Pages: 210
Authors: Sara Miglietti
Categories: History
Type: BOOK - Published: 2017-03-27 - Publisher: Taylor & Francis

Throughout the early modern period, scientific debate and governmental action became increasingly preoccupied with the environment, generating discussion across
Governing Global Desertification
Language: en
Pages: 292
Authors: Pierre-Marc Johnson
Categories: Political Science
Type: BOOK - Published: 2006 - Publisher: Ashgate Publishing, Ltd.

This volume examines the United Nations Convention to Combat Desertification (UNCCD) signed in 1994. It studies the links between land degradation and poverty,
Governing Global Health
Language: en
Pages: 320
Authors: Andrew Cooper
Categories: Political Science
Type: BOOK - Published: 2016-04-22 - Publisher: Routledge

Recently global health issues have leapt to the forefront of the international agenda and are now an everyday concern around the world. The war for global healt
Many Faces of Mulian
Language: en
Pages: 272
Authors: Rostislav Berezkin
Categories: History
Type: BOOK - Published: 2017-11-12 - Publisher: University of Washington Press

The story of Mulian rescuing his mother�s soul from hell has evolved as a narrative over several centuries in China, especially in the baojuan (precious scrol