The Reform Of The International Financial Architecture »

The current institutional framework for economic co-operation was designed in the 1940s, in the context of war, to promote the peaceful coexistence of nations. Many of the institutions, such as the International Monetary Fund and the International

Editor's Note, List of Contributors, Foreword by John H. Jackson, Preface by William Peter Cooke PART I INTRODUCTION 1. Pondering the Parameters of the 'New International Financial Architecture': A Legal Perspective Joseph J. Norton 2. The Legal Architecture of Emerging Markets Jeswald W. Salacuse 3. The Bretton Woods Institutions in the XXIst Century Rosa M. Lastra PART II THE INTERNATIONAL INSTITUTIONAL FRAMEWORK 4. The Reform of the International Monetary Fund (Conditionality and Surveillance) François Gianvitim 5. An International Financial Regulator? Huw Evans 6. A New International Architecture and the Financial Stability Forum George Walker 7. Regulatory Aspects: Globalisation, Harmonisation, Legal Transplants and Law Reform-Preliminary Remarks Loukas A. Mistelis 8. Stock Markets and the Globalization of Retirement Savings-Implications of Privatization of Government Pensions for Securities Regulators Roberta S. Karmel PART III LIQUIDITY CRISES: PUBLIC AND PRIVATE SECTOR INVOLVEMENT 9. Liquidity Crises Thomas C. Baxter, Jr. and Joseph H. Sommer 10. A Lawyer's Perspective on the New Financial Architecture Lee C. Buchheit 11. Promoting Stability in International Finance-Legislative and Regulatory Reform of Payment and Settlement Systems Benjamin Geva 12. Ten Years of Economic Reforms in Russia: Windows in a Wall Christine Lang and Shlomo Weber PART IV REGIONAL RESPONSES 13. European Financial Regulation Paolo Clarotti 14. The ESCB and its Role in Banking Supervision Antonio Sdinz de Vicuna 15. Implementation of International Standards: The EBRD's Approach to Strengthening Good Corporate Governance Norbert Seiler Selected Bibliography, Index