Title: Lamenting Weak Governance: Views on Global Finance
Abstract: International Financial Governance under Stress by Geoffrey Underhill and Xiaoke Zhang is too obviously a conference volume. The seventeen chapters, plus introduction and conclusion, are uneven. Nonetheless, the volume does contain worthwhile analyses and interesting stories, accessible to those who are familiar with the major contemporary debates about international finance. The book is organized thematically but not rigorously. The sections deal respectively with (1) concepts and arguments, (2) country case studies of emerging markets during the Asian financial crisis, (3) country case studies of “private-public interactions” in national financial regulation, and, finally, (4) norms and global governance. An alternative organization for the volume, focusing on the kinds of questions each contributor asks, might have helped clarify the ways these essays speak to one another. This review considers, instead, the contributions offering (1) prescriptive policy advice, (2) analysis of the political sociology of financial reform, and (3) theoretical perspectives on the...
Publication Year: 2004
Publication Date: 2004-09-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 2
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