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International Political Economy Series

The Failure of Financial Regulation

Why a Major Crisis Could Happen Again

Editors: Hira, Anil, Gaillard, Norbert, Cohn, Theodore H. (Eds.)

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  • Analyses the long-term roots of the 2008 financial crisis
  • Explains the shortcomings of financial reforms carried out in the wake of the crisis
  • Examines the challenges of innovation and globalisation to financial markets
  • Focuses on emerging gaps in financial regulation
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eBook 59,49 €
price for Spain (gross)
  • ISBN 978-3-030-05680-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 72,79 €
price for Spain (gross)
  • ISBN 978-3-030-05679-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

“This publication could not be more timely. Little more than a decade after the global financial crisis of 2008, governments are once again loosening the reins over financial markets. The authors of this volume explain why that is a mistake and could invite yet another major crisis.”
—Benjamin Cohen, University of California, Santa Barbara, USA

“Leading political scientists from several generations here offer historical depth, as well as sensible suggestions about what reforms are needed now.”
John Kirton, University of Toronto, Canada, and Co-founder of the G7 Research Group

“A valuable antidote to complacency for policy-makers, scholars and students.”
—Timothy J. Sinclair, University of Warwick, UK

This book examines the long-term, previously underappreciated breakdowns in financial regulation that fed into the 2008 global financial crash. While most related literature focuses on short-term factors such as the housing bubble, low interest rates, the breakdown of credit rating services and the emergence of new financial instruments, the authors of this volume contend that the larger trends in finance which continue today are most relevant to understanding the crash. Their analysis focuses on regulatory capture, moral hazard and the reflexive challenges of regulatory intervention in order to demonstrate that financial regulation suffers from long-standing, unaddressed and fundamental weaknesses.

About the authors

Anil Hira is Professor of Political Science at Simon Fraser University, Vancouver, Canada. 

Norbert Gaillard
 is Economist and Independent Consultant to international organisations and financial firms.

Theodore Cohn
 is Professor Emeritus of Political Science at Simon Fraser University, Vancouver, Canada.

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook 59,49 €
price for Spain (gross)
  • ISBN 978-3-030-05680-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 72,79 €
price for Spain (gross)
  • ISBN 978-3-030-05679-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
The Failure of Financial Regulation
Book Subtitle
Why a Major Crisis Could Happen Again
Editors
  • Anil Hira
  • Norbert Gaillard
  • Theodore H. Cohn
Series Title
International Political Economy Series
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG
eBook ISBN
978-3-030-05680-3
DOI
10.1007/978-3-030-05680-3
Hardcover ISBN
978-3-030-05679-7
Series ISSN
2662-2483
Edition Number
1
Number of Pages
XXI, 252
Number of Illustrations
7 b/w illustrations
Topics