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	<title>Kasinomics &#187; wfa</title>
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	<description>Economics of Knowledge And Social Intelligence</description>
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		<title>Alexander, Dhumale, Eatwell: &#8220;Global Governance of Financial Systems&#8221;</title>
		<link>http://www.kasinomics.com/articles/alexander-dhumale-eatwell-global-governance-of-financial-systems/</link>
		<comments>http://www.kasinomics.com/articles/alexander-dhumale-eatwell-global-governance-of-financial-systems/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 12:11:57 +0000</pubDate>
		<dc:creator>kasi</dc:creator>
				<category><![CDATA[Books]]></category>
		<category><![CDATA[financial architecture]]></category>
		<category><![CDATA[financial regulation]]></category>
		<category><![CDATA[global governance]]></category>
		<category><![CDATA[John Eatwell]]></category>
		<category><![CDATA[Kern Alexander]]></category>
		<category><![CDATA[Rahul Dhumale]]></category>
		<category><![CDATA[subprime crisis]]></category>
		<category><![CDATA[systemic risk]]></category>
		<category><![CDATA[wfa]]></category>
		<category><![CDATA[World Financial Authority]]></category>

		<guid isPermaLink="false">http://www.kasinomics.com/?p=71</guid>
		<description><![CDATA[Kern Alexander, Rahul Dhumale and John Eatwell published a book in 2004 called &#8220;]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-72" title="alexanderglobalgovernance" src="http://www.kasinomics.com/wp-content/uploads/2008/04/alexanderglobalgovernance.jpg" alt="" width="127" height="193" /><a href="http://www.jbs.cam.ac.uk/research/faculty/alexanderk.html">Kern Alexander</a>, Rahul Dhumale and <a href="http://www.jbs.cam.ac.uk/research/faculty/eatwellj.html">John Eatwell</a> published a book in 2004 called &#8220;<a href="http://www.amazon.com/gp/product/0195166981?ie=UTF8&#038;tag=kasinomics-20&#038;linkCode=as2&#038;camp=1789&#038;creative=9325&#038;creativeASIN=0195166981"">Global Governance of Financial Systems &#8211; The International Regulation of Systemic Risk</a>&#8220;.</p>
<p>It is so far the most comprehensive review of the International financial architecture. John Eatwell, one of the authors, is using the book for advocating strongly for a World Financial Authority. In the light of recent turmoils in the financial markets, the books focus will help to reassess the proposals made for reform of financial regulation.</p>
<p>An interesting story is the cover of the book. It shows the painting &#8220;<a href="http://www.nationalgallery.org.uk/cgi-bin/WebObjects.dll/CollectionPublisher.woa/wa/work?workNumber=ng944">The Two Tax Gatherers</a>&#8221; (ca. 1540) by <a href="http://www.artcyclopedia.com/artists/reymerswaele_marinus_van.html">Marinus van Reymerswaele</a>. Superficially, the painting would fit the topic of the book because it shows two people counting money.</p>
<p>On the other hand, Flemish Renaissance painters often sold their paintings to the same people they mocked for their greediness and desire for money: wealthy merchants and traders. Maybe unintentional the authors of the book are also mocking those which are supposed to read the book: financial regulators.</p>

	Topics of this post: <a href="http://www.kasinomics.com/themes/books/" title="Books" rel="tag">Books</a>, <a href="http://www.kasinomics.com/topics/financial-architecture/" title="financial architecture" rel="tag">financial architecture</a>, <a href="http://www.kasinomics.com/topics/financial-regulation/" title="financial regulation" rel="tag">financial regulation</a>, <a href="http://www.kasinomics.com/topics/global-governance/" title="global governance" rel="tag">global governance</a>, <a href="http://www.kasinomics.com/topics/john-eatwell/" title="John Eatwell" rel="tag">John Eatwell</a>, <a href="http://www.kasinomics.com/topics/kern-alexander/" title="Kern Alexander" rel="tag">Kern Alexander</a>, <a href="http://www.kasinomics.com/topics/rahul-dhumale/" title="Rahul Dhumale" rel="tag">Rahul Dhumale</a>, <a href="http://www.kasinomics.com/topics/subprime-crisis/" title="subprime crisis" rel="tag">subprime crisis</a>, <a href="http://www.kasinomics.com/topics/systemic-risk/" title="systemic risk" rel="tag">systemic risk</a>, <a href="http://www.kasinomics.com/topics/wfa/" title="wfa" rel="tag">wfa</a>, <a href="http://www.kasinomics.com/topics/world-financial-authority/" title="World Financial Authority" rel="tag">World Financial Authority</a><br />
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