Bücher online kaufen
Finance and World Order
-0 %
Financial Fragility, Systemic Risk, and Transnational Regimes
HC gerader Rücken kaschiert
Print on Demand | Lieferzeit: Print on Demand - Lieferbar innerhalb von 3-5 Werktagen I
Artikel-Nr:
9780313303784
Veröffentl:
1997
Einband:
HC gerader Rücken kaschiert
Erscheinungsdatum:
30.06.1997
Seiten:
126
Autor:
Adriano Lucatelli
Gewicht:
347 g
Format:
235x157x12 mm
Sprache:
Englisch
Beschreibung:
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.
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.
This book argues that against the background of the globalization of private finance, the predominance of states in global affairs cannot be taken for granted as actors such as financial intermediaries emerge.
Tables and FiguresPrefaceIntroductionTransnational Regime TheoryOriginal Formulations of Transnational Regime TheoryExplanatory Power and ParsimonyDeductive Critique of Transnational Regime TheoryWhat Makes Transnational Regimes Obstinate?Politics versus EconomicsThe Rise of Private FinanceInternationalization of Private FinancePrivate Finance and World OrderThe London ClubDebt Crisis ManagementThe Making of a Transnational Regime: The London ClubThe Road to Success Leads to the London ClubDebt Accord under the London Club: ExamplesNetting SchemesRisks in Forex MarketsEffects of Netting ArrangementsTransnational Regimes: Netting SchemesCross-border Netting Schemes and the RegulatorsConclusionImplicationsAppendix 1: What Are Systemic Risks?Appendix 2: The BIS and SupervisionAppendix 3: The EMS Crisis of 1992-93GlossaryReferencesFurther ReadingIndex