Global Financial Integration Thirty Years On From Reform to Crisis [Hardcover]

A policy-relevant 2010 overview of the issues and problems involved in devising an effective global financial system for the future.A decisive 2010 account of the problems and issues involved in devising an effective and legitimate financial system for the future. The authors analyse three decades of global financial integration, its governance and its collapse into crisis, offering a coherent and policy-relevant overview of the global financial system.A decisive 2010 account of the problems and issues involved in devising an effective and legitimate financial system for the future. The authors analyse three decades of global financial integration, its governance and its collapse into crisis, offering a coherent and policy-relevant overview of the global financial system.Early in the new millennium it appeared that a long period of financial crisis had come to an end, but the world now faces renewed and greater turmoil. This volume analyses the past three decades of global financial integration and governance and the recent collapse into crisis, offering a coherent and policy-relevant overview. State-of-the-art research from an interdisciplinary group of scholars illuminates the economic, political and social issues at the heart of devising an effective and legitimate financial system for the future. The chapters offer debate around a series of core themes which probe the ties between public and private actors and the consequences for outcomes for both developed markets and developing countries alike. The contributors argue that developing effective, legitimate financial governance requires enhancing public versus private authority through broader stakeholder representation, ensuring more acceptable policy outcomes.Introduction: the challenges and prospects of global financial integration Geoffrey R. D. Underhill, Jasper Blom and Daniel M?gge; Part I. History and Context: Input, Output and the Current Architecture (Whence it Came): 1. Financial governance in historil#