Tag Archives for financial architecture
Eatwell, Taylor – Global Finance at Risk
Last week I had a fascinating conversation with a friend of mine who is an anarchist. We tend to discuss international capitalism and he always wants to convince me that it is possible to create a society without capitalism. When … Continue reading
Membership of Key Economies in International Organisations
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document. The … Continue reading
Global Financial Architecture – Article by Charles W. Calomiris
Charles Calomiris article on a New Global Financial Architecture from October 1998 is an interesting document, outlining the criticism of the International Financial Institutions (IFIs). He starts with an interesting claim: Economics normally provides rather dismal news, emphasizing tradeoffs among … Continue reading
Summary of the recommendations of the Meltzer-Report
To assess the evolution of the Financial Architecture after the Asian Crisis, the Meltzer Report provides a good gauge for the critique of the USA and other G7 countries towards the International Financial Institution. The report is named after Allan … Continue reading
Intergovernmentalism in Financial Regulation
Puzzling Complexity The global financial architecture is very complex. Despite increasing liberalization of financial markets, increased system risk and integration of the economies through the financial markets in the last 30 years, there is no single World Financial Authority regulating … Continue reading
Project: Mapping the Financial Governance
When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and … Continue reading
Alexander, Dhumale, Eatwell: “Global Governance of Financial Systems”
Kern Alexander, Rahul Dhumale and John Eatwell published a book in 2004 called “
ECSDA – European Central Securities Depositories Association
Institution: European Central Securities Depositories Association Abbreviation: ECSDA Type: Private Founded: 1997 (History: The European Central Securities Depositories Association (ECSDA) was formed in 1997 in Madrid in order to provide a forum for CSDs to exchange views and take forward … Continue reading
IFIAC – International Financial Institution Advisory Commission
Institution:International Financial Institution Advisory Commission Abbreviation: IFIAC Type: Public Founded: 1998-1999 Members Total: not applicable Membership in: not applicable Membership of: not applicable Description:In November 1998 as part of the legislation authorizing $18 billion of additional U.S. funding for the … Continue reading
CESR – Committee of European Securities Regulators
Institution: Committee of European Securities Regulators Abbreviation: CESR Type: Public Founded: 2001 Members Total: Membership in: Membership of: Description: The role of CESR is to improve co-ordination among securities regulators, act as an advisory group to assist the EU Commission, … Continue reading