The Reform Of The International Financial Architecture

Hardcover (Print)
Buy New
Buy New from
Used and New from Other Sellers
Used and New from Other Sellers
from $114.38
Usually ships in 1-2 business days
(Save 56%)
Other sellers (Hardcover)
  • All (5) from $114.38   
  • New (4) from $274.73   
  • Used (1) from $114.38   


The current institutional framework for economic co-operation was designed in the 1940s, in the context of war, to promote the peaceful coexistence of nations. Many of the institutions, such as the International Monetary Fund and the International Bank for Reconstruction and Development, have served the international community well over the years.

However, changes in the quantity and quality of capital flows, and, in particular, criticism of the manner in which these institutions handled the East Asian and Russian financial crises, have triggered a debate about the need for reform of the international financial and monetary system.

This work offers an incisive and comprehensive legal overview of various aspects of the reform debate, analysing the proposed parameters of the new financial architecture, the legal infrastructure in emerging economies, and the challenges that the international institutions face in the 21st century. The three main parts of the book focus on the reform of the international institutional framework, the prevention and resolution of liquidity crises, and the approaches taken by European Union institutions.

The Reform of the International Financial Architecture brings together a distinguished panel of experts from practice and academia and is essential reading for academics, policy-makers, and practitioners in the financial world. This volume is one of a number of works containing the results of a global series of high-level conferences held in 1999, on the topic of 'Financial Crises and the New International Financial Architecture.'

Read More Show Less

Product Details

Table of Contents

Editor's Note, List of Contributors, Foreword by John H. Jackson, Preface by William Peter Cooke PART I INTRODUCTION 1. Pondering the Parameters of the 'New International Financial Architecture': A Legal Perspective Joseph J. Norton 2. The Legal Architecture of Emerging Markets Jeswald W. Salacuse 3. The Bretton Woods Institutions in the XXIst Century Rosa M. Lastra PART II THE INTERNATIONAL INSTITUTIONAL FRAMEWORK 4. The Reform of the International Monetary Fund (Conditionality and Surveillance) Fran├žois Gianvitim 5. An International Financial Regulator? Huw Evans 6. A New International Architecture and the Financial Stability Forum George Walker 7. Regulatory Aspects: Globalisation, Harmonisation, Legal Transplants and Law Reform-Preliminary Remarks Loukas A. Mistelis 8. Stock Markets and the Globalization of Retirement Savings-Implications of Privatization of Government Pensions for Securities Regulators Roberta S. Karmel PART III LIQUIDITY CRISES: PUBLIC AND PRIVATE SECTOR INVOLVEMENT 9. Liquidity Crises Thomas C. Baxter, Jr. and Joseph H. Sommer 10. A Lawyer's Perspective on the New Financial Architecture Lee C. Buchheit 11. Promoting Stability in International Finance-Legislative and Regulatory Reform of Payment and Settlement Systems Benjamin Geva 12. Ten Years of Economic Reforms in Russia: Windows in a Wall Christine Lang and Shlomo Weber PART IV REGIONAL RESPONSES 13. European Financial Regulation Paolo Clarotti 14. The ESCB and its Role in Banking Supervision Antonio Sdinz de Vicuna 15. Implementation of International Standards: The EBRD's Approach to Strengthening Good Corporate Governance Norbert Seiler Selected Bibliography, Index

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)