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

Author
Brummer, Chris, 1975-
Additional Titles
Soft Law & the Global Financial System
Published
Cambridge : Cambridge University Press, 2015.
Edition
Second edition.
Physical Description
1 online resource (xii, 355 pages) : digital, PDF file(s).
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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.
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.
Subject(s)
ISBN
9781316423875 (ebook)
9781107128637 (hardback)
9781107569447 (paperback)
Note
Title from publisher's bibliographic system (viewed on 01 Feb 2016).
View MARC record | catkey: 34830725