ECONIS Select – The Future of Global Financial Governance

06/2009

The repeated reoccurrence of financial crises since the early 1990s has led to calls for institutional reform. The most recent example is the crisis that began with the problems on the subprime segment of the US housing market. Numerous commentators have observed that the interactions between commercial banks, other financial intermediaries, credit rating agencies, financial regulators, national banks and governments were partly responsible for the financial unrest. There is a need for better management and regulation of diverse, interrelated risks.

How can existing financial institutions be reorganized or restructured to permit improved risk management and supervision, more effective techniques of hedging and distributing financial risks, and more effective disclosure of risk exposures and financial valuation methods to the public? What is the future role of banks and financial intermediaries in risk management?

Once all measures to prevent financial crises have failed, how should national authorities address stresses in troubled financial institutions and how should they deal with impaired assets in the presence of disruptive write-downs? And finally, is the current international monetary system optimal to guarantee financial stability or does it need overhaul? What exchange rate regimes and international governance structures would improve financial stability

Literature selected from our database ECONIS:

• Title: Restoring financial stability : how to repair a failed system / Viral Acharya; Matthew Richardson [eds.]
  Year: Hoboken, NJ : Wiley, c 2009
  Series: Wiley finance series
  Keywords: Finanzmarktkrise / Bankenaufsicht / Bankenpolitik / USA
  Signature: B 363362
• Paper: The effectiveness of IMF surveillance : a study on global financial governance / Biagio Bossone
  In: World economics . - Henley-on-Thames : NTC Econom. & Financial Publ., ISSN 1468-1838, ZDB-ID 20103190. - Bd. 9.2008, 4, S. 27-53
  Keywords: Internationales Währungssystem / Internationale Wirtschaftsorganisation / International Monetary Fund
• Title: Special issue: Crisis and the future of global financial governance / Eric Helleiner
  Year: Boulder, Colo. : Rienner, 2009
  Series: Global governance ; 15.2009,1
  Keywords: Finanzmarktkrise / Bankenkrise / Internationaler Finanzmarkt / Regulierung / Welt
  Signature: XX 7128 (15.2009)
• Paper: The globalisation of finance and its implications for financial stability : an overview of the issues / Jorge A. Chan-Lau
  In: International journal of banking, accounting and finance . - Genève : Inderscience Enterprises Ltd., ISSN 1755-3830, ZDB-ID 24588209. - Bd. 1.2008, 1, S. 3-29
  Keywords: Internationaler Finanzmarkt / Regulierung / Finanzmarktkrise
• Title: Testing times for global financial governance / by Ignazio Angeloni
  Institution: Brussels European and Global Economic Laboratory
  Year: Brussels, 2008
  Series: Bruegel essay and lecture series
  Keywords: Finanzmarktkrise / Bankenkrise / Internationaler Finanzmarkt / Regulierung / EU-Stabilitätspakt / Welt / EU-Staaten
  Signature: A 254917
• Paper: The reconstruction of the international financial architecture : Keynes revenge? / André Cartapanis and Michel Herland
  In: International political economy; Vol. 4: . - Los Angeles, Calif. [u.a.] : SAGE Publ.. - 2008, S. 223-246
  Keywords: Internationales Währungssystem / Internationaler Finanzmarkt / Keynesianismus / Kapitalverkehrspolitik / Bankenpolitik / International / Welt
• Paper: Avoiding the next crisis : financial crisis (Focus) / David G. Mayes
  In: CESifo GmbH : CESifo forum . - Munich : Ifo, ISSN 1615-245X, ZDB-ID 20088085. - Bd. 9.2008, 4, S. 44-50
  Keywords: Finanzmarktkrise / Internationaler Finanzmarkt / Internationale Kapitalmobilität / Kapitalmarktliberalisierung / Regulierung / Internationale wirtschaftspolitische Koordination / Welt
• Title: Analyzing the global political economy / Andrew Walter and Gautam Sen. Foreword by Benjamin J. Cohen
  Year: Princeton, NJ [u.a.] : Princeton Univ. Press, c 2009
  Keywords: Internationale Wirtschaftsbeziehungen / Außenwirtschaftspolitik / Internationale Handelspolitik / Internationales Währungssystem / Internationaler Finanzmarkt / Wirtschaftsintegration / Direktinvestition / Welt
  Signature: B 361874
• Title: Financial reform : a framework for financial stability / Group of Thirty
  Institution: Group of Thirty
  Year: Washington, DC : Group of Thirty, [2009]
  Keywords: Bankenaufsicht / Bankrisiko / Bankenpolitik / Bankenreform / Finanzsektor
  Signature: C 257776
• Title: The regulatory response to the financial crisis / Charles A. E. Goodhart
  Year: Cheltenham [u.a.] : Elgar, 2009
  Keywords: Bankenaufsicht / Bankenpolitik / Bankenkrise / Finanzmarktkrise / Einlagensicherung / Bankenliquidität / Großbritannien / Welt
  Signature: B 362875
• Title: Some preliminary proposals for re-regulating financial systems / Mario Tonveronachi; Elisabetta Montanaro
  Year: Siena : Univ. degli Studi di Siena, 2009
  Series: Quaderni del Dipartimento di Economia Politica ; 553
  Keywords: Finanzmarkt / Internationaler Finanzmarkt / Finanzmarktkrise / Kapitalmarktrecht / Regulierung
• Title: Monetary policy and financial stability / ed. by Claude Gnos ...
  Year: Cheltenham [u.a.] : Elgar, 2009
  Series: New directions in modern economics series
  Signature: B 363809
• Title: Discipline in the global economy? : International finance and the end of liberalism / Jakob Vestergaard
  Year: New York [u.a.] : Routledge, 2009
  Series: New political economy
  Keywords: Internationaler Finanzmarkt / Finanzmarktkrise / Internationales Währungssystem / Bankenpolitik / Kapitalverkehrspolitik / Regulierung / Global Governance / Wirtschaftsliberalismus / Welt
  Signature: B 361449
• Paper: Central banks and financial stability : a survey of financial stability reports / Martin Čihák
  In: Current developments in monetary and financial law; Vol. 5: . - Washington, DC, ISBN 978-1-589-06773-8. - 2008, S. 191-222
• Title: Assessing the transformation of global finance / hrsg. vom Mattersburger kreis für Entwicklungspolitik an den österreichischen Universitäten. Schwerpunktred.: Hans-Jürgen Bieling, Karen Imhof, Johannes Jäger
  Institution: Mattersburger Kreis für Entwicklungspolitik an den Österreichischen Universitäten
  Year: Wien : Mandelbaum Ed. Südwind, 2009
  Series: Journal für Entwicklungspolitik ; 25.2009,1
  Keywords: Finanzmarktkrise / Internationaler Finanzmarkt / Globalisierung / Regulierung / Kapitalmarktliberalisierung / Welt
  Signature: XX 5443 (25.2009)
• Paper: The Subprime accountability deficit and the obstacles to international standards setting / David Andrew Singer
  In: Global governance . - Boulder, Colo. : Rienner, ISSN 1075-2846, ZDB-ID 1231139x. - Bd. 15.2009, 1, S. 23-28
  Keywords: Finanzmarktkrise / Bankenkrise / Internationaler Finanzmarkt / Regulierung / Welt
• Title: Lessons learned from the 2008 financial crisis / Eugene A. Ludwig
  Year: Washington, DC : Group of Thirty, 2008
  Series: The William Taylor memorial lectures ; [10]
  Keywords: Finanzmarktkrise / Bankenpolitik / Bankenaufsicht / Internationaler Finanzmarkt / Finanzsektor / Regulierung
  Signature: B 361284
• Title: Crisis? What is crisis? : anatomy of the regulatory failure in finance / Jakob Vestergaard
  Year: Nov. 2008
  Anbieter: Copenhagen : CDR
  Series: IIS/GI. Kongevej working paper ; 2008,25
  Keywords: Internationaler Finanzmarkt / Internationales Währungssystem / Regulierung / Finanzmarktkrise / Welt
  Link: http://www.diis.dk/graphics/Publi.../WP2008/WP2008_25_What_Crisis.pdf
• Paper: Global imbalances and regional monetary cooperation / Josef Christl
  In: The macroeconomics of global imbalances . - London [ua.a.] : Routledge, ISBN 0-415-77469-1. - 2009, S. 23-29
  Keywords: Weltwirtschaft / Währungsunion / Optimaler Währungsraum / Geldpolitik / Europäische Wirtschafts- und Währungsunion / Internationales Währungssystem / Welt
• Title: Global governance of global monetary relations : rationale and feasibility / Jeffry A. Frieden
  Year: 09 Mar. 2009
  Anbieter: [Kiel : Kiel Inst. for the World Economy]
  Series: Economics ; 3.2009,6
  Keywords: Internationales Währungssystem / Internationale Währungspolitik / Global Governance / Welt
  Link: http://www.economics-ejournal.org...alarticles/2009-6/version_1/count