Governing Global Finance examines the evolution of financial globalization and the attempts that have been made at the international level to establish a system of global financial governance (i.e. the international financial architecture) to safeguard the functioning of the international financial system. It explains how the international financial architecture has come to take the form that it has, and why it was unable to prevent the recent global financial crisis. The book considers a number of reforms that have been proposed to minimize the risk of future financial crises, as well as others that need to be implemented.
The Current Crisis of the Global Financial Order The Evolution of the Global Financial Order Institutional Roles for the International Financial Architecture Recent Evolution of the International Financial Architecture Financial Globalization and the Onset of Global Crisis The International Financial Architecture and Crisis Prevention The International Financial Architecture and Crisis Management An Agenda for Reform Prospects for Reform