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Global Finance at Risk: the Case for International Regulation

John Eatwell, Lance Taylor




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 | #6660400 in Books |  2000-07-13 | Original language:English | PDF # 1 |  8.92 x1.03 x5.76l,.97 | File type: PDF | 258 pages

||3 of 3 people found the following review helpful.| S. Akhtar Ehtisham MD|By Akhtar Ehtisham MD|International cooperation in financial management is currently fragmented into Bank for International Settlements in Basel, International Organization of Securities Commissions, International Association of Insurance. Eatwell proposes a World Financial Authority to regulate liberal markets as he believes they can function well only if|.com |Since the collapse of the Bretton Woods system in 1971 and subsequent free-float of currencies, the capital markets have been deregulated. But the benefits of international liberalization, according to John Eatwell and Lance Taylor in their boldly argued

In Global Finance at Risk, two acclaimed economists propose a bold and necessary solution to the financial crises that threaten us all: a World Financial Authority with powers to establish best-practice financial regulation and risk management everywhere. The expansion of finance in industrialized economies, including nineteenth-century Britain and the United States, saw exactly the same kind of turbulence now afflicting Asia, Russia and Latin America. Then, the sol...

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