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The Political Economy of Financial Regulation

Gebonden Engels 2019 9781108470360
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Samenvatting

This collection of cutting-edge scholarship examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research. The book's authors range from global leaders to rising stars in the field, all of whom shed light on complex questions of financial sector regulation theory and practice in key economies ranging from the EU to China.

Key topics include the role of law in constituting financial markets, the efficiency of markets, the role of interest groups in shaping financial regulation, the interdependence and interactions of international financial regulation with international trade and monetary regimes, and problems of regulation in state capitalism economies. This exciting volume opens the road for further enrichment of the academic and policy-making dialogue on financial regulation and regulatory practice, and reflects new trends in legal and social-science scholarship.

-Discusses key problems of financial regulation from a political economy perspective
-Offers diverse analytical perspectives and innovative applications to problems facing the regulation of finance globally and in key jurisdictions
-Provides contributions based on methodologies, contexts, and normative outcomes that provide unique insights into financial regulation and policy

Specificaties

ISBN13:9781108470360
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:450
Druk:1
Hoofdrubriek:Juridisch
ISSN:

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Inhoudsopgave

Introduction - Emilios Avgouleas and David Donald

Part I. The Environmental Determinants and Real Impact of Financial Regulation:
1. Regulating finance – a legal theory of finance perspective Katharina Pistor
2. Information, and the regulation of inefficient markets David C. Donald
3. The information gap between institutional and retail investors during the IPO process Shuonan Chen
4. Finance, intangibles and the privatization of knowledge Ugo Pagano

Part II. The Political Economic Analysis of Regulatory Choices:
5. Bank lobbying: regulatory capture and beyond Thomas Lambert and Deniz Igan
6. Sociological and psychological perspectives on financial regulators Giuliano G. Castellano and Geneviève Helleringer
7. The bank fees regime in Israel – a political economy perspective Ruth Plato-Shinar
8. Choosing among authorities for consumer financial protection in Taiwan: a legal theory of finance perspective Chang-hsien Tsai
9. Regulation and incentives in Indian microfinance Nikhilesh Sinha

Part III. The Political Economy of Global Financial Regulation: Cooperation, Discord and Conflict:
10. The incomplete global financial order and the spillovers from currency market instability Emilios Avgouleas
11. Coordination failures between the EU and US in commodities derivatives regulation Jakob Engel
12. The political economy of cross-border banking regulation in emerging Europe Ivaylo Iaydjiev
13. Preferential treatment of government debt in European financial law Ad van Riet

Part IV. Financial Regulation and State Capitalism: a Political Economic Perspective:
14. Rethinking state control over the PRC financial system: the black box of proactive intervention Li Guo and Daile Xia
15. The political economy of China's shadow banking Shen Wei
16. The A-share bailout and the role of China's securities watchdog in regulating a policy-driven market Sheng Jin

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