Jump to ContentJump to Main Navigation
Why International Cooperation is Failing – How the Clash of Capitalisms Undermines the Regulation of Finance | Oxford Scholarship Online
Users without a subscription are not able to see the full content.

Why International Cooperation is Failing: How the Clash of Capitalisms Undermines the Regulation of Finance

Thomas Kalinowski


Ten years after the global financial crisis of 2008/9 there is widespread scepticism about the ability to curb volatile financial markets and international cooperation in general. Changes in the global rules of finance discussed in the G20 during the last ten years remain limited, and it is doubtful whether they are suitable to help mitigate and manage future crisis to come. This book argues that this failure is not simply the result of bad leadership and clash of national egoisms but rather the result of a much more fundamental competition of capitalisms. US finance-led, EU integration-led, a ... More

Keywords: Financial markets, capitalism, domestic regulation, international cooperation, economic cooperation, capitalist models, interdependence, finance, regulation

Bibliographic Information

Print publication date: 2019 Print ISBN-13: 9780198714729
Published to Oxford Scholarship Online: October 2019 DOI:10.1093/oso/9780198714729.001.0001


Affiliations are at time of print publication.

Thomas Kalinowski, author
Professor at the Graduate School of International Studies, Ewha Womans University, Seoul