Title: Governing global finance : the evolution and reform of the international financial architecture /
Authors: Elson, Robert Anthony, 1941-
Publisher: Palgrave Macmillan,
Year: 2011
Subjects: International finance; Banks and banking, International.; Financial crises; Global Financial Crisis, 2008-2009; Business; BUSINESS & ECONOMICS Finance.; International finance.; Economic theory & philosophy.; Economics.; Banks and banking, International; Business; Financial crises; International finance
Abstract: "Governing Global Finance examines the evolution of financial globalization and the attempts that have been made at the international level to establish a system of global financial governance (i.e. the international financial architecture) to safeguard the functioning of the international financial system. It explains how the international financial architecture has come to take the form that it has, and why it was unable to prevent the recent global financial crisis. The book considers a number of reforms that have been proposed to minimize the risk of future financial crises, as well as others that need to be implemented."--EBL book details.
Contents: Introduction -- Financial globalization and the international financial architecture -- The evolution of the global financial order -- The breakdown of the Bretton Woods system and first reform of the international financial architecture -- Emerging market financial crises and the second reform of the international financial architecture -- The challenge for developing countries in a world of financial globalization -- Financial globalization and the onset of the global financial crisis of 2008-9 -- The role of the international financial architecture in crisis prevention and crisis management -- The third reform of the international financial architecture -- Conclusion.