Adriano Lucatelli

Finance and World Order (eBook, PDF)

Financial Fragility, Systemic Risk, and Transnational Regimes

• Format: PDF

Produktbeschreibung

Against the background of the globalization of private finance, the predominance of states in global affairs cannot be taken for granted. New actors, such as commercial banks or securities houses, have entered the global arena and, therefore, need to be included in any informed analysis of social reality. The actions of these institutions have to be regarded as influential forces impacting world politics. The theory of transnational regimes is advocated as a new way of structuring the global system.

Produktdetails

• Verlag: Bloomsbury Publishing Inc
• Seitenzahl: 126
• Altersempfehlung: ab 7 Jahre
• Erscheinungstermin: 30. Juni 1997
• Englisch
• ISBN-13: 9780313388705
• Artikelnr.: 37838152

Autorenporträt

ADRIANO LUCATELLI is Senior Economist at Credit Suisse in Zurich. Dr. Lucatelli was formerly a foreign-exchange dealer in Zurich and Berne, and is a graduate of the London School of Economics and the University of Zurich.

Inhaltsangabe

Tables and Figures Preface Introduction Transnational Regime Theory
Original Formulations of Transnational Regime Theory Explanatory Power and
Parsimony Deductive Critique of Transnational Regime Theory What Makes
Transnational Regimes Obstinate? Politics versus Economics The Rise of
Private Finance Internationalization of Private Finance Private Finance and
World Order The London Club Debt Crisis Management The Making of a
Transnational Regime: The London Club The Road to Success Leads to the
London Club Debt Accord under the London Club: Examples Netting Schemes
Risks in Forex Markets Effects of Netting Arrangements Transnational
Regimes: Netting Schemes Cross-border Netting Schemes and the Regulators
Conclusion Implications Appendix 1: What Are Systemic Risks? Appendix 2:
The BIS and Supervision Appendix 3: The EMS Crisis of 1992-93 Glossary
References Further Reading Index