the international regulation of systemic risk Alexander, Kern 1962- creator Dhumale, Rahul Eatwell, John 1945- text bibliography enk Oxford New York Oxford University Press 2006 monographic eng

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vii, 320 pages : illustrations ; 25 cm. "Global Governance of Financial Systems analyzes the current international legal and regulatory framework for controlling systemic risk in global financial markets. It suggests that current efforts at international regulation are inefficient, fragmented, and lack political legitimacy. The current structure of international financial regulation fails to manage systemic risk in an efficient manner that promotes adequate economic growth and political accountability among nations. This book sets forth the economic rationale for international financial regulation and what role, if any, international regulation can play in more effectively managing systemic risk and providing more accountability for states subject to such regulation."--Jacket Managing systemic risk Global governance and international standard setting International legal framework for international financial regulation International soft law and the formation of binding international financial regulation Strengthening the global financial system through institutional and legal reform Incentives versus rules Economics of systemic risk in international settlements Microeconmic examination of financial fragility Reforming the basel accord and the use of subordinated debt Enhancing corporate governance for financial institutions Summing up and conclusion Kern Alexander, Rahul Dhumale, John Eatwell. Includes bibliographical references (pages 293-311) and index. Financial services industry Law and legislation Industria de servicios financieros Legislación Financial services industry State supervision Supervisión estatal de instituciones financieras K 1066 A376g 2006 346/.082 9780195166989 (acid-free paper) 0195166981 (acid-free paper) 2003064714 http://www.loc.gov/catdir/enhancements/fy0639/2003064714-d.html http://www.loc.gov/catdir/enhancements/fy0639/2003064714-t.html http://www.loc.gov/catdir/enhancements/fy0639/2003064714-d.html http://www.loc.gov/catdir/enhancements/fy0639/2003064714-t.html DLC 031024 20260302133131.0 13382953 eng