The rule of law in monetary affairs : world trade forum / edited by Thomas Cottier, Rosa M. Lastra and Christian Tietje ; associate editor, Lucía Satragno.

Format:

Book

Contributor:

Cottier, Thomas, editor.

Lastra, Rosa María, editor.

Tietje, Christian, editor.

Satragno, Lucía, editor.

Language:

English

Subjects (All):

Finance--Law and legislation.

Finance.

Foreign trade regulation.

Physical Description:

1 online resource (xix, 614 pages) : digital, PDF file(s)

Place of Publication:

Cambridge : Cambridge University Press, 2014.

System Details:

text file

PDF

Summary:

The global financial crisis and subsequent sovereign debt crisis in Europe demonstrated that the relationship between law and economics in the design of the monetary system must be revisited. International monetary affairs are usually conducted via domestic monetary policies which are formulated by independent central banks and informed mainly by economics, without much room being left to substantive law. Based on the 2012 World Trade Forum, this volume brings together leading scholars, practitioners and policy makers in international economic law in order to examine the potential of law and legal methodology to contribute to international monetary stability. It explores the links between and lessons to be learnt from existing international investment and trading systems and studies some specific policy issues which have a direct impact on monetary affairs, such as exchange rate policy, sovereign debt, taxation, competitiveness, trade imbalances, austerity programmes and human rights.

Contents:

The role of law in monetary affairs : taking stock / Christian Tietje

The international monetary and financial architecture

some institutional aspects / Mario Giovanoli

The role of central banks in monetary affairs : a comparative perspective / Rosa M. Lastra

Monetary union and the law : some comments / Jean-Victor Louis

Global governance of international competitiveness spillovers / Bernard Hoekman

Global benchmark interest rates : conflicting objectives and increasing hybridization / Claus D. Zimmermann

Credit rating agencies : regulation and financial stability / Iain Macneil

Monitoring and surveillance at the international monetary system : what can be learnt from the trade field? / Nadia Rendak

The impact of sovereign debt on EU monetary affairs / Annamaria Viterbo

Taxation in times of austerity : a question of political economy / Isabel Feichtner

Towards an equitable integration of monetary and financial matters, trade and sustainable development / Robert Howse

Trade imbalances and multilateral trade cooperation / Juan Marchetti, Michele Ruta and Robert Teh

The WTO dispute settlement mechanism in matters involving exchanges rates and trade / Gabrielle Z. Marceau and John J. Maughan

Monetary affairs in the WTO trade policy review / Mathias Kende

The potential of law and legal methodology in monetary affairs / Thomas Cottier and Lucía Satragno

Framework of analysis : towards multilayered governance in monetary affairs / Ernst-Ulrich Petersmann

Transparency and monetary affairs / Christine Kaufmann and Rolf H. Weber

Human rights and austerity programmes / Markus Krajewski

International economic law and macro-prudential regulation / Kern Alexander

Relationship between monetary policy and exchange rate policy / François Gianviti

Monetary policy measures in investment law : the uneasy relationship between monetary stability and investment protection / Federico Lupo Pasini.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Other Format:

Print version:

ISBN:

9781107479920

Access Restriction:

Restricted for use by site license.