1st Edition

Democracy and Diversity in Financial Market Regulation

By Nicholas Dorn Copyright 2015
202 Pages
by Routledge

202 Pages
by Routledge

202 Pages
by Routledge

Financial markets have become acknowledged as a source of crisis, and discussion of them has shifted from economics, through legal and regulatory studies, to politics. Events from 2008 onwards raise important, cross-disciplinary questions: must financial markets drive states into political and existential crisis, must public finances take over private losses, must citizens endure austerity? This... Read more

Preface, Part I. Historical Legacies Chapter 1. From Clubs To Herds: Private Regulation, Public Façade, Chapter 2. Bailouts As Policy: Constructing ‘Too Connected To Fail’ Part II. Regulatory Hubris Chapter 3. Two Readings: Regulatory Insufficiency Or De-Politicisation, Chapter 4. Europe: From Single Market To Multiple Mechanisms Part III. Ways Forward Chapter 5. Limits And Distractions Of Transparency, Chapter 6. Democracy As Driver Of Global Diversity Bibliography Index

Biography

Nicholas Dorn, a sociologist, has also published on transnational governance, the European Union, public and private regulation and economic crime.

'A timely challenge to technocratic group think and an important argument for more democratic and diverse regulation'

Karel Williams, CRESC and Manchester Business School, UK

'Dorn places financial markets in historical, cultural and political context, returning us to questions about the purpose of finance, all the more pressing in today's Europe'

Matjaž Jager, Faculty of Law, Ljubljana, Slovenia

'Dorn pulls off that rare feat of presenting an argument capable of eliciting the interest of interdisciplinary researchers while also being grounded in an appreciation for the intricacies of the regulatory sphere.'

Nathan Coombs, University of Edinburgh, UK