Archive for April 14th, 2008
Monday, April 14th, 2008
Alexander, Eatwell and Dhumale make this causal explanation for the need of Global Financial Governance (p. 14):
In the post-Bretton-Woods-Era, banks and financial instutions have adopted innovative financial instruments to diversify earnings and to hedge against credit and market risk.
[Is this really the case? Wasn't it rather to hedge primarily ...
Posted in Memo | 1 Comment »
Monday, April 14th, 2008
When defining Financial Stability, the authors of the book on "Global Financial Governance" stated that financial stability is a "public good [which] will never be provided adequately by the market without regulatory intervention" (p. 18).
In the traditional meaning, a public good does not necessarily need public intervention or regulation, it ...
Posted in Memo | No Comments »
Monday, April 14th, 2008
Didier Jacobs, special advisor to the president of Oxfam America, wrote an interesting paper called "Democraticing Global Economic Governance". He presented this paper in May 2002 at a conference on "Alternatives to Neoliberalism" by the NGO-Coalition "New Rules for Global Finance".
In the paper, he focuses mostly on the participation of ...
Posted in Papers | No Comments »
Monday, April 14th, 2008
Kern Alexander, Rahul Dhumale and John Eatwell published a book in 2004 called "
Posted in Books | 4 Comments »