Description : 26 Jul, 2023
Brand new minted copy of this fascinating read! An interesting and quirky gift some anyone with an interest in Finance, Compliance and related Markets.
This book sets forth the economic rationale for international financial regulation and what role, if any, international regulation can play in effectively managing systemic risk while providing accountability to all affected nations. The book suggests that a particular type of global governance structure is necessary to have more efficient regulation of the international financial systems.
The book defines global governance of financial systems to involve three main principles: effectiveness in devising efficient regulatory standards and rules; accountability in decision-making structure and chain mand; and legitimacy, meaning that those subject to international regulatory standards have participated in some meaningful way in their development.
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