The flaws of fragmented financial standard setting: why substantive economic debates matter for the architecture of global governance
Is the way global financial governance currently organized appropriate for the task? No, our research argue.
Once we abandon the illusion that they are anchored to external “economic fundamentals” and instead accept their reflexivity, we see that the reciprocal interactions between different regulatory arenas demand considerably more organizational coordination than presently exists.
Publication details
D. Mügge & J. Perry (2014). The flaws of fragmented financial standard setting: why substantive economic debates matter for the architecture of global governance. Politics & Society, 42 (2), 194-222. doi: 10.1177/0032329213519420