Book Review - Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century
James Ming Chen
Michigan State University - College of Law
October 14, 2011
Emory International Law Review, Volume 25, Issue 3, 2011
University of Louisville School of Law Legal Studies Research Paper No. 2011-15
In Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century (2011), Christopher J. Brummer provides a detailed and informative analysis of the international regulatory response to the global financial crisis of 2008. This accomplishment alone warrants a close look at this book. But Professor Brummer goes further in this pivotal work on the law of international finance. He provides a persuasive theoretical account of international financial law. Soft Law and the Global Financial System not only describes the mechanisms of lawmaking and standard-setting for global financial markets, but also delivers a workable framework for prescribing and perhaps even perfecting the regulation of the world’s most vital and volatile economic institutions.
Number of Pages in PDF File: 11
Keywords: international law, financial law, regulatory law
JEL Classification: K00, K23, K33
Date posted: October 15, 2011 ; Last revised: April 4, 2012
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