Governance of global financial markets : the law, the economics, the politics / Emilios Avgouleas.

Includes bibliographical references and index.

Financial markets and financial crises -- The causes of the Global Financial Crisis -- The evolution of global financial governance and development of International Financial Regulation -- The 'softness' of soft law and global financial governance -- Regulatory and supervisory reform : US, EU, BCBS -- Global reform of the 'too-big-to-fail' institution and the new resolution regimes in the US and the EU -- An evolutionary model for global financial governance.

This analysis of governance structures for international finance critiques the national approach to the regulation of global financial markets provides a new reading of the causes of the global financial crisis, and proposes a new governance system to stabilise the international financial system and promote open global markets.