Regulating Capital: Setting Standards for the International Financial System

Despite the grave threats posed to the global economy by financial instability, regulators have a decidedly mixed record in their attempts to create global standards for the financial system. In Regulating Capital, David Andrew Singer seeks to explain the varying pressures on regulatory agencies to negotiate internationally acceptable rules and suggests that the variation is largely traceable to the different domestic political pressures faced by regulators. Singer provides both a theory of...