Resilience and Global Financial Governance

UNSW Law Research Paper No. 2010-13

RESILIENCE AND TRANSFORMATION: PREPARING AUSTRALIA FOR UNCERTAIN FUTURES, Steven Cork, ed., CSIRO Publishing

15 Pages Posted: 1 Apr 2010

See all articles by Ross P. Buckley

Ross P. Buckley

University of New South Wales (UNSW) - Faculty of Law

Date Written: March 30, 2010

Abstract

Resilience is generally seen as a positive attribute that should be enhanced. When a system is dysfunctional and needs to change its structure and identity, however, resilience can be a negative. As this chapter illustrates, our system of global financial governance works to benefit the elites in international banks and developing countries at the direct expense of the common people in those countries. The system is deeply unfair and disfunctional and displays great negative resilience. This chapter analyses ways in which this negative resilience could be reduced.

Keywords: Global financial governance, resilience

Suggested Citation

Buckley, Ross P., Resilience and Global Financial Governance (March 30, 2010). UNSW Law Research Paper No. 2010-13. Available at SSRN: https://ssrn.com/abstract=1582205

Ross P. Buckley (Contact Author)

University of New South Wales (UNSW) - Faculty of Law ( email )

Sydney, New South Wales 2052
Australia

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