Building governance in the international financial system: Context and challenges
ABSTRACTThe international financial system has undergone deep changes since the 1970s and its stability cannot be reached in spite of actor's interests or the existence of countless coordination fora. Analyzing the system's incentive structure, one can note that its stability depends on th...
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| Format: | Article |
| Language: | English |
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Editora 34
2015-12-01
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| Series: | Brazilian Journal of Political Economy |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000400845&lng=en&tlng=en |
| _version_ | 1819059874727723008 |
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| author | LEANDRO PIGNATARI SILVA |
| author_facet | LEANDRO PIGNATARI SILVA |
| author_sort | LEANDRO PIGNATARI SILVA |
| collection | DOAJ |
| description | ABSTRACTThe international financial system has undergone deep changes since the 1970s and its stability cannot be reached in spite of actor's interests or the existence of countless coordination fora. Analyzing the system's incentive structure, one can note that its stability depends on the control of imbalances, which are not always harmful for States, creating, thus, a disturbing component in the quest for international financial management. Furthermore, non-state actors have acquired a disproportional share of power following financial globalization, escaping the control of States and of the international community. |
| first_indexed | 2024-12-21T14:18:02Z |
| format | Article |
| id | doaj.art-675c3a3e2e344be48296582289f6df06 |
| institution | Directory Open Access Journal |
| issn | 1809-4538 |
| language | English |
| last_indexed | 2024-12-21T14:18:02Z |
| publishDate | 2015-12-01 |
| publisher | Editora 34 |
| record_format | Article |
| series | Brazilian Journal of Political Economy |
| spelling | doaj.art-675c3a3e2e344be48296582289f6df062022-12-21T19:00:51ZengEditora 34Brazilian Journal of Political Economy1809-45382015-12-0135484585810.1590/0101-31572015v35n04a09S0101-31572015000400845Building governance in the international financial system: Context and challengesLEANDRO PIGNATARI SILVAABSTRACTThe international financial system has undergone deep changes since the 1970s and its stability cannot be reached in spite of actor's interests or the existence of countless coordination fora. Analyzing the system's incentive structure, one can note that its stability depends on the control of imbalances, which are not always harmful for States, creating, thus, a disturbing component in the quest for international financial management. Furthermore, non-state actors have acquired a disproportional share of power following financial globalization, escaping the control of States and of the international community.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000400845&lng=en&tlng=englobalização financeiragovernabilidadeatores não estatais |
| spellingShingle | LEANDRO PIGNATARI SILVA Building governance in the international financial system: Context and challenges Brazilian Journal of Political Economy globalização financeira governabilidade atores não estatais |
| title | Building governance in the international financial system: Context and challenges |
| title_full | Building governance in the international financial system: Context and challenges |
| title_fullStr | Building governance in the international financial system: Context and challenges |
| title_full_unstemmed | Building governance in the international financial system: Context and challenges |
| title_short | Building governance in the international financial system: Context and challenges |
| title_sort | building governance in the international financial system context and challenges |
| topic | globalização financeira governabilidade atores não estatais |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000400845&lng=en&tlng=en |
| work_keys_str_mv | AT leandropignatarisilva buildinggovernanceintheinternationalfinancialsystemcontextandchallenges |