This work provides a critical survey of the post-crisis reforms of the international financial regulatory and supervisory framework , which were promoted and adopted with the precise task of removing international financial governance deficiencies, and, thereby, creating a more crisis-resistant global financial system than the pre-crisis one. The analysis provides the necessary background to propose some legal improvements and changes, which, over nine years after the beginning of financial reconstruction, may be adopted in order to make the architecture of international financial organisations and committees and, thus, internationally harmonised financial regulations truly able to assure the sound and efficient functioning of integrated financial markets and cross-borders financial intermediaries by addressing the challenges of our times. In particular, the future global financial governance system, on the one hand, has to be anchored in the most reasonable and feasible solution to the “financial trilemma” of the world economy , and, on the other, it has to be assigned the powers needed to concretely bring this solution about.
Scheda prodotto non validato
Scheda prodotto in fase di analisi da parte dello staff di validazione
|Titolo:||Global Financial Governance. The Feasible Future|
|Appare nelle tipologie:||3.1 Monografia o trattato scientifico|