Book Review - Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century
11 Pages Posted: 15 Oct 2011 Last revised: 4 Apr 2012
Date Written: October 14, 2011
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.
Keywords: international law, financial law, regulatory law
JEL Classification: K00, K23, K33
Suggested Citation: Suggested Citation