Slaughter – A New World Order

Friday, August 22nd, 2008

Anne Marie Slaughters Book on A New World Order deals with transgovernmental networks. She focuses on the classic governmental networks, but also on regulators, judges and parlamentarians establishing their own network. The description of Regulatory networks are particular interesting. According to Slaughter, regulatory networks emerged because of shared responsibility for transnational ...

G8 Action Plan on Local Currency Bond Markets – Overview

Wednesday, June 25th, 2008

The Document contains an overview of the G8 Action Plan on the developments of local currency bond markets and the implementation report. The overview-report looks at the problems identified by the G8 Action Plans, Task delegated to various institutions and results given from the implementation report. It is subdivided into ten ...

Membership of Key Economies in International Organisations

Sunday, June 22nd, 2008

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 chart (left) lists 21 international organizations. Some of them are grouped ...

Corporate Governance and International Standards – Paper by Kern Alexander and Rahul Dhumale

Monday, April 21st, 2008

In 2001, Kern Alexander and Rahul Dhumale published a paper on the relevance of International Standards for the Corporate Governance of Financial Institutions. Both the BCBS and the OECD have released Corporate Governance Principles (the OEDC in 2004, the BCBS in 2006) building on previous work. As the authors point out, corporate ...

Project: Mapping the Financial Governance

Sunday, April 20th, 2008

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 how that influences the probability of crisis is very rarely discussed. ...

Global Economic Governance and IGOs – definitions by Jacobs

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 ...

G33 – Group of Thirty-Three

Wednesday, April 2nd, 2008

Institution: Group of 33 Abbreviation: G33 Type: Public Founded: 1999-2000 Members Total: 33 Membership in: Membership of: BIS, IMF, OECD, World Bank, Chair of the Interim Committee Description: The Group of 33 superseded the Group of 22 in early 1999, and was itself superseded by the Group of 20 later in the year. Several ...

G22 – Group of Twenty-Two

Wednesday, April 2nd, 2008

Institution: Group 22 Abbreviation: G22 Type: Public Founded: 1998-1999 Members Total: 22 Membership in: Membership of: BIS, IMF, OECD, World Bank, Chair of the Interim Committee Description: In response to the crisis in Asia, Finance Ministers and Central Bank Governors from 22 systematically significant economies met in Washington, D.C. in April 1998 to examine issues related ...

G10 – Group of Ten

Wednesday, April 2nd, 2008

Institution: Group of 10 Abbreviation: G10 Type: Public Founded: 1964 Members Total: 11 Membership in: Membership of: BIS, OECD, European Commission, IMF Description: The Group of Ten is made up of eleven industrial countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States) which consult and co-operate on ...

OECD – Organisation for Economic Co-Operation and Development

Wednesday, April 2nd, 2008

Institution: Organisation for Economic Co-Operation and Development Abbreviation: OECD Type: Public Founded: Members Total: Membership in: FSF Membership of: Description: Working Group: Outreach: Reporting to: Website:http://www.oecd.org/ Highest Organ: Chair: Seat: Function: Standards: Institution: Directorate for Financial and Enterprise Affairs Abbreviation: DAF Type: Founded: Members Total: Membership in: Membership of: Description: Working Group: Competition; Financial Markets; Insurance; Capital Movements ...