Mas Alla De La Crisis Financiera Conceptualizacion De Las Debilidades De La Gobernanza Mundial

In: Foro internacional: revista trimestral, Band 51, Heft 4, S. 605-635

Abstract

This article offers an analysis of the regulation of financial activities worldwide, considering both what works and what doesn't. While major successes in international financial regulation have been achieved, considerable deficiencies remain. These, however, are not exclusive to the financial sphere, but reveal disturbing similarities to the current regimes of both security regulation and environmental protection. The financial failings of global government, together with the renewed reform efforts, require a new framework in order to improve existing institutions and deal with specific problems, as well as for a more comprehensive reformulation of the current multilateral order. Adapted from the source document.