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Soft law and the global financial system : rule making in the 21st century / Christopher Brummer, Georgetown University Law Center.

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Format:
Book
Author/Creator:
Brummer, Chris, 1975- author.
Language:
English
Subjects (All):
International finance--Law and legislation.
International finance.
Global Financial Crisis, 2008-2009.
Soft law.
Physical Description:
1 online resource (xii, 355 pages) : digital, PDF file(s)
Edition:
Second edition.
Other Title:
Soft Law & the Global Financial System
Place of Publication:
Cambridge : Cambridge University Press, 2015.
System Details:
text file
PDF
Summary:
This book explains how international financial law 'works' and presents an alternative theory for understanding its purpose, operation, and limitations. Drawing on a close institutional analysis of the post-crisis financial architecture, it argues that international financial law is often bolstered by a range of reputational, market, and institutional mechanisms that make it more coercive than classical theories of international law predict. As such, it is a powerful, though at times imperfect, tool of financial diplomacy. Expanded and revised, the second edition of Soft Law and the Global Financial System contains updated material as well as an extensive new chapter analyzing how international standards and best practices have been operationalized in the US and EU in the wake of the financial crisis. It remains an essential tool for understanding global soft law for political scientists, lawyers, economists, and students of financial statecraft.
Contents:
Introduction : the perils of global finance
Territoriality and financial statecraft
The architecture of international financial law
A compliance-based theory of international financial law
How legitimate is international financial law?
Soft law and the Global financial crisis
Implementing the G-20 agenda : a transatlantic case survey
The future of international financial law.
Notes:
Title from publisher's bibliographic system (viewed on 01 Feb 2016).
Other Format:
Print version:
ISBN:
9781316423875
Access Restriction:
Restricted for use by site license.

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