Overview
Global Finance in the 21st Century: Stability and Sustainability in a Fragmenting World explains finance and its regulation after the global financial crisis. The book introduces non-finance scholars into the wider debate regarding the conduct and regulation of finance to encourage broader discussion on important societal issues that relate to finance. The book also explores the ineffectiveness of the current approach to global prudential governance and places this discussion within the more expansive context of global governance and nationalism in the twenty-first century. The book argues that fragmentation and the growing trend of promoting informality and voluntarism has facilitated a return to nationalism as a primary form of global governance that acts contrary to post-crisis reforms that seek to promote stability and sustainability in the conduct of finance. As a remedy, Kourabas suggests that we need more, not less, of what we have traditionally conceived as international law – treaties and treaty-based international organisations. In the field of finance, this means not only pursuing financial liberalisation through free trade and investment treaties, but also the inclusion of provisions in these treaties that promotes systemic financial stability and sustainable development objectives. Of interest to legal and non-legal academics and students, legal professionals and policy-makers, this book offers a nuanced defence of international law as an approach to global governance in finance and beyond, as well as reform of international law to meet the needs of twenty-first century society.
Full Product Details
Author: Steve Kourabas
Publisher: Taylor & Francis Ltd
Imprint: Routledge
Weight: 0.462kg
ISBN: 9780367321598
ISBN 10: 0367321599
Pages: 244
Publication Date: 29 September 2021
Audience:
College/higher education
,
Tertiary & Higher Education
Format: Hardback
Publisher's Status: Active
Availability: In Print
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Reviews
"""A clarion and deeply original call to bring prudential regulation within the treaty framework of international economic law – a challenging contribution to current thinking"" - Professor Ross Buckley of UNSW Law"
A clarion and deeply original call to bring prudential regulation within the treaty framework of international economic law - a challenging contribution to current thinking - Professor Ross Buckley of UNSW Law
Author Information
Steve Kourabas teaches Corporations Law and is Deputy Director at the Centre for Commercial Law and Regulatory Studies at Monash Law School, Australia. Steve received an LLM and and and SJD from Duke University School of Law.
