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The Status Quo Crisis
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The Status Quo Crisis: Global Financial Governance After the 2008 Meltdown

Eric Helleiner

Abstract

What has been the significance of the 2008 global financial crisis for global financial governance? Because of its severity, many analysts predicted that the crisis experience would be a very transformative one for global financial governance. These expectations were reinforced in 2008–09 by four developments: the creation of the G20 leaders’ forum to manage the crisis, widespread debates about the dollar’s global role, G20 commitments to international regulatory reform, and the creation of the Financial Stability Board (FSB). To date, however, these phenomena have been much less significant t ... More

Keywords: dollar, financial crisis, Financial Stability Board, G20, global financial governance, international financial regulation, structural power

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780199973637
Published to Oxford Scholarship Online: August 2014 DOI:10.1093/acprof:oso/9780199973637.001.0001

Authors

Affiliations are at time of print publication.

Eric Helleiner, author
University of Waterloo