1.

Record Nr.

UNINA9910814245503321

Autore

Alexander Kern <1962->

Titolo

Global governance of financial systems : the international regulation of systemic risk / / Kern Alexander, Rahul Dhumale, John Eatwell

Pubbl/distr/stampa

Oxford ; ; New York, : Oxford University Press, 2006

ISBN

0-19-988323-8

1-4237-3392-4

9786610560332

0-19-803732-5

1-60256-930-4

1-280-56033-9

Edizione

[1st ed.]

Descrizione fisica

1 online resource (329 p.)

Collana

Finance and the economy

Altri autori (Persone)

DhumaleRahul

EatwellJohn

Disciplina

346/.082

Soggetti

Financial services industry - Law and legislation

Financial services industry - State supervision

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 293-311) and index.

Nota di contenuto

Contents; Introduction; 1. Managing Systemic Risk: The Rationale for International Financial Regulation; 2. Global Governance and International Standard Setting; 3. The International Legal Framework for International Financial Regulation; 4. International Soft Law and the Formation of Binding International Financial Regulation; 5. Strengthening the Global Financial System through Institutional and Legal Reform; 6. Incentives versus Rules: Alternative Approaches to International Financial Regulation; 7. The Economics of Systemic Risk in International Settlements

8. A Microeconomic Examination of Financial Fragility: A Test of Capital Adequacy Standards 9. Reforming the Basel Accord and the Use of Subordinated Debt: Making Markets Work for the Regulator; 10. Enhancing Corporate Governance for Financial Institutions: The Role of International Standards; 11. Summing Up and Conclusion: The New International Financial Architecture-Promise or Threat?; Notes; References; Index;



Sommario/riassunto

The authors set forth the economic rationale for international financial regulation & what role, if any, international regulation can play in effectively managing the systemic risk while providing accountability to all affected nations.