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The Regulation of International Financial Markets: Perspectives for Reform

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 |  2006-02-16 |  2006-02-16 | File type: PDF

||About the Author|Senior Research Fellow, Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Germany.

Professor of Public Law, International Law and European Law, Justus-Liebig-Universität Giessen, German

International financial relations have become increasingly important for the development of global and national economies. At present these relations are primarily governed by market forces, with little regulatory interference at the international level. In the light of numerous financial crises, this abstinence must be seriously questioned. Starting with an analysis of the regulatory problems at the international level, with only minimal powers entrusted to internationa...

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