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Soft Law and the Global Financial System

Soft Law and the Global Financial System Rule Making in the 21st Century

Second edition

Hardback (10 Dec 2015)

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Publisher's Synopsis

This book explains how international financial law 'works' and presents an alternative theory for understanding its purpose, operation, and limitations. Drawing on a close institutional analysis of the post-crisis financial architecture, it argues that international financial law is often bolstered by a range of reputational, market, and institutional mechanisms that make it more coercive than classical theories of international law predict. As such, it is a powerful, though at times imperfect, tool of financial diplomacy. Expanded and revised, the second edition of Soft Law and the Global Financial System contains updated material as well as an extensive new chapter analyzing how international standards and best practices have been operationalized in the US and EU in the wake of the financial crisis. It remains an essential tool for understanding global soft law for political scientists, lawyers, economists, and students of financial statecraft.

About the Publisher

Cambridge University Press

Cambridge University Press dates from 1534 and is part of the University of Cambridge. We further the University's mission by disseminating knowledge in the pursuit of education, learning and research at the highest international levels of excellence.

Book information

ISBN: 9781107128637
Publisher: Cambridge University Press
Imprint: Cambridge University Press
Pub date:
Edition: Second edition
DEWEY: 343.03
DEWEY edition: 23
Language: English
Number of pages: 364
Weight: 640g
Height: 235mm
Width: 157mm
Spine width: 23mm