Author : Peter Mooslechner
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007543
Total Pages : 284 pages
Book Rating : 4.7/5 (81 download)
Book Synopsis The Political Economy of Financial Market Regulation by : Peter Mooslechner
Download or read book The Political Economy of Financial Market Regulation written by Peter Mooslechner and published by Edward Elgar Publishing. This book was released on 2006-08-29 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'In this very nice volume reputed academics and central bankers discuss recent regulatory reforms in financial governance from a political economy perspective. Therefore it is invaluable for both policymakers and scholars interested in financial governance and market regulation.' - Sylvester C.W. Eijffinger, Tilburg University, The Netherlands, Centre for Economic Policy Research, UK and CESifo Research Network, Munich, Germany This book focuses on recent financial market reforms, and their implications for social, economic and political exclusion. In particular it considers the hitherto under-researched question of whose interests govern the design of regulatory mechanisms and who influences the decision-making process. This process is set out as contested terrain, in which there are winners and losers, and in which there are inevitably circles of exclusion. The authors, comprising financial authority experts and academic specialists, expand the concept of exclusion beyond its typical social dimension to incorporate all actors, be they individuals or institutions not permitted to contribute to financial market regulation as a public good. As they point out, this may take the form of political, economic or indeed cultural exclusion. The book examines the conflicts that arise between various interests and how these are managed within the process of regulation.