The Logic of Financial Nationalism

The Challenges of Cooperation and the Role of International Law

Nonfiction, Reference & Language, Law, Banking, Business & Finance
Cover of the book The Logic of Financial Nationalism by Federico Lupo-Pasini, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Federico Lupo-Pasini ISBN: 9781108100168
Publisher: Cambridge University Press Publication: August 18, 2017
Imprint: Cambridge University Press Language: English
Author: Federico Lupo-Pasini
ISBN: 9781108100168
Publisher: Cambridge University Press
Publication: August 18, 2017
Imprint: Cambridge University Press
Language: English

Using case studies ranging from cross-border bank resolution to sovereign debt, the author analyzes the role of international law in protecting financial sovereignty, and the risks for the global financial system posed by the lack of international cooperation. Despite the post-crisis reforms, the global financial system is still mainly based on a logic of financial nationalism. International financial law plays a major role in this regard as it still focuses more on the protection of national interests rather than the promotion of global objectives. This is an inefficient approach because it encourages bad domestic governance and reduces capital mobility. In this analysis, Lupo-Pasini discusses some of the alternatives (such as the European Banking Union, Regulatory Passports, and international financial courts), and offers a new vision for the role of international law in maintaining and fostering global financial stability. In doing so, he fills a void in the law and economics literature, and puts forward a solution to tackle the problems of international cooperation in finance based on the use of international law.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Using case studies ranging from cross-border bank resolution to sovereign debt, the author analyzes the role of international law in protecting financial sovereignty, and the risks for the global financial system posed by the lack of international cooperation. Despite the post-crisis reforms, the global financial system is still mainly based on a logic of financial nationalism. International financial law plays a major role in this regard as it still focuses more on the protection of national interests rather than the promotion of global objectives. This is an inefficient approach because it encourages bad domestic governance and reduces capital mobility. In this analysis, Lupo-Pasini discusses some of the alternatives (such as the European Banking Union, Regulatory Passports, and international financial courts), and offers a new vision for the role of international law in maintaining and fostering global financial stability. In doing so, he fills a void in the law and economics literature, and puts forward a solution to tackle the problems of international cooperation in finance based on the use of international law.

More books from Cambridge University Press

Cover of the book State-Building and Multilingual Education in Africa by Federico Lupo-Pasini
Cover of the book Collateral Frameworks by Federico Lupo-Pasini
Cover of the book The Cambridge Companion to American Literature of the 1930s by Federico Lupo-Pasini
Cover of the book British Economic Growth, 1270–1870 by Federico Lupo-Pasini
Cover of the book The Politics of Nationalism in Modern Iran by Federico Lupo-Pasini
Cover of the book The End of the Eurocrats' Dream by Federico Lupo-Pasini
Cover of the book Global Connections: Volume 1, To 1500 by Federico Lupo-Pasini
Cover of the book Civil Society under Authoritarianism by Federico Lupo-Pasini
Cover of the book Ancient China and the Yue by Federico Lupo-Pasini
Cover of the book The Two Noble Kinsmen by Federico Lupo-Pasini
Cover of the book Quantum Field Theory in Condensed Matter Physics by Federico Lupo-Pasini
Cover of the book Radiology for Anaesthesia and Intensive Care by Federico Lupo-Pasini
Cover of the book Emergencies and the Limits of Legality by Federico Lupo-Pasini
Cover of the book Lightwave Communications by Federico Lupo-Pasini
Cover of the book Ovid's Early Poetry by Federico Lupo-Pasini
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy