The Political Economy of Financial Regulation

Description

This collection of cutting-edge scholarship examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research. The book's authors range from global leaders to rising stars in the field, all of whom shed light on complex questions of financial sector regulation theory and practice in key economies ranging from the EU to China. Key topics include the role of law in constituting financial markets, the efficiency of markets, the role of interest groups in shaping financial regulation, the interdependence and interactions of international financial regulation with international trade and monetary regimes, and problems of regulation in state capitalism economies. This exciting volume opens the road for further enrichment of the academic and policy-making dialogue on financial regulation and regulatory practice, and reflects new trends in legal and social-science scholarship.

Emilios Avgouleas holds the International Banking Law and Finance Chair at the University of Edinburgh where he founded and has directed the LL.M. in International Banking Law and Finance. An internationally renowned scholar in the field of banking theory and financial regulation he has also published extensively in the fields of International and European finance law and economics, behavioural finance, and global economic governance. He is a Member of the Stakeholder Group of the European Banking Authority (EBA) elected in the so-called 'top-ranking' academics section. He has held visiting posts with leading academic institutions and he is currently a visiting Research Professor at the Faculty of Law, University of Hong Kong (HKU) and a Visiting Professor and Senior Fellow at the School of European Political Economy, Libera Universita Internazionale degli Studi Sociali 'Guido Carli'. He holds an LL.M. and a Ph.D. in Law and Finance from the London School of Economics and Political Science. David C. Donald has been a Professor in the Faculty of Law at The Chinese University of Hong Kong since 2008. From 2003 until 2008, David taught at the Institute for Law and Finance of Goethe University. For the decade preceding that he worked as a commercial, corporate and securities lawyer in Washington, Milan, Rome and Frankfurt. David's publications focus on market structure, securities clearing and settlement, corporate law and comparative law. He holds a Ph.D. in Law and an LL.M. from the Goethe University, a Juris Doctor from Georgetown University and a Ph.D. in Comparative Literature from The State University of New York at Buffalo.