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Global Governance of Financial SystemsThe International Regulation of Systemic Risk$
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Kern Alexander, Rahul Dhumale, and John Eatwell

Print publication date: 2005

Print ISBN-13: 9780195166989

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780195166989.001.0001

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The International Legal Framework for International Financial Regulation

The International Legal Framework for International Financial Regulation

(p.79) 3 The International Legal Framework for International Financial Regulation
Global Governance of Financial Systems

Kern Alexander (Contributor Webpage)

Rahul Dhumale

John Eatwell (Contributor Webpage)

Oxford University Press

This chapter assesses the current international legal framework that governs international monetary and financial relations. The international economic organizations with responsibility in these areas are the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (World Bank), and the World Trade Organization (WTO). The chapter also examines the two major regional trade agreements that govern cross-border trade in financial services and capital flows: the European Community's treaty regime and legislative framework and the North American Free Trade Agreement (NAFTA).

Keywords:   international economic organizations, International Monetary Fund, World Bank, World Trade Organization, European Community, NAFTA

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