The Perils of International Regime Complexity in Shadow Banking is popular PDF and ePub book, written by Lucia Quaglia in 2022-05-26, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, The Perils of International Regime Complexity in Shadow Banking can be Read Online from any device for your convenience.
The Perils of International Regime Complexity in Shadow Banking Book PDF Summary
Despite the role of shadow banking in the building up of the 2008 international financial crisis, the massive size of this sector, its cross-border nature, and the risks it entails for financial stability, the post-crisis regulation of shadow banking has remained rather feeble. Why? The Perils of International Regime Complexity in Shadow Banking identifies a 'game of shadows', which unfolded recursively concerning the definition, monitoring, and regulation of shadow banking internationally. Thus, states, regulators, and private actors tended to cast light away from various parts of the shadow banking system - shadow banking was (re)fined over time, its measurement was narrowed down, lessening the (perceived) need for regulation. The playing out of such a game was facilitated by the international architecture for shadow banking governance, which is a 'regime complex' characterized by the presence of multiple institutions and elemental regimes governing a set of related issues. Indeed, shadow banking is a quintessential case for demonstrating the perils of international regime complexity, which magnifies problems that are endemic in governing global finance - namely, interstate competition, disagreement between technocratic bodies, and the power of the financial industry - while splintering solutions, due to the fragmentation of regulatory authority. Empirically, this book examines various elemental regimes concerning different aspects of shadow banking, namely: international standards for defining, measuring, and monitoring global shadow banking; international standards for shadow banking entities, including money market funds, hedge funds, and investment funds; international standards for shadow banking activities, such as securitization, securities lending, and repos; international standards for bank capital exposures to shadow banking.
Detail Book of The Perils of International Regime Complexity in Shadow Banking PDF
- Author : Lucia Quaglia
- Release : 26 May 2022
- Publisher : Oxford University Press
- ISBN : 9780192691705
- Genre : Political Science
- Total Page : 241 pages
- Language : English
- PDF File Size : 12,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book The Perils of International Regime Complexity in Shadow Banking by Lucia Quaglia, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.