Global financial networked governance : the power of the financial stability board and its limits

Author(s)
    • Knaack, Peter
Bibliographic Information

Global financial networked governance : the power of the financial stability board and its limits

Peter Knaack

(RIPE series in global political economy)

Routledge, 2023

  • : pbk

Search this Book/Journal
Note

Includes bibliographical references (p. [170]-206) and index

Description and Table of Contents

Description

Provides a systematic assessment of FSB operations, from standard setting to implementation review in order to identify the power wielded by government networks in global financial governance. Develops a novel theory of legislative reluctance as a limit to the power of government networks, showing its strong inferential leverage in comparison with a variety of competing explanations drawn from economics, political science, and law. Engages in the debate on the role of government networks in global governance with a well-founded but controversial argument that questions the role of national parliaments in managing global economic affairs in the public interest. Suggests a novel institutional solution to the effectiveness-legitimacy dilemma that global governance forums face, combining the advantages of functional specialization and electoral accountability.

Table of Contents

1. The Financial Stability Board - A Mixed Track Record at the Center of Global Financial Governance 2. The Power of a Government Network - and its Limits 3. Timely Implementation and Mock Compliance with Basel III 4. OTC Derivatives 5. The Never-Ending Too-Big-To-Fail Story 6. Effectiveness and Legitimacy of Government Networks

by "Nielsen BookData"

Related Books: 1-1 of 1
Details
Page Top