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International Institutions of Financial Market Regulation: An Example of Network Governance?

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Networked Governance

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Abstract

This chapter investigates international institutions of financial market regulation and their changes after the 2008 financial crisis. Applying a social network approach, the author describes various aspects of the structure of the network that governs financial market regulation and its changes following the reform (tightened relations, expanded scope of the network). The chapter also demonstrates that in order to understand the effectiveness of a network and a type of governance system, the relationships between actors must be scrutinized carefully, for example, with regard to their nature and purpose.

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Notes

  1. 1.

    The size of each red circle is proportional to the outstanding stock of cross-border claims of reporting banks located in the particular geographical region. ASIA OSC Hong Kong SAR, Macao SAR and Singapore; ASIA PAC China, India, Indonesia, Korea, Malaysia, Pakistan, the Philippines, Taiwan (China) and Thailand; CARIB Aruba, the Bahamas, Bermuda, the Cayman Islands, the Netherlands Antilles and Panama; CH Switzerland; EM EUROPE Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia, Turkey and Ukraine; EURO euro area countries; JP Japan; LAT Argentina, Brazil, Chile, Colombia, Mexico and Peru; OIL OPEC member states (excluding Indonesia) plus Russia; OTHER Australia, Canada, Denmark, New Zealand, Norway and Sweden; UK the United Kingdom plus the offshore centres Guernsey, the Isle of Man and Jersey; US the United States.

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Author information

Authors and Affiliations

  1. Max-Planck-Institut für Gesellschaftsforschung (MPIfG), Paulstraße 3, 50676, Köln, Germany

    Renate Mayntz

Authors
  1. Renate Mayntz
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Correspondence to Renate Mayntz .

Editor information

Editors and Affiliations

  1. SOCIUM—Research Center on Inequality and Social Policy, University of Bremen, Bremen, Germany

    Betina Hollstein

  2. Faculty of Economics and Social Sciences IPA Institute for Employment Relations and Labour, Helmut-Schmidt-University—University of the Federal Armed Forces Hamburg, Hamburg, Germany

    Wenzel Matiaske

  3. Political Science Department, Universität Hamburg, Hamburg, Germany

    Kai-Uwe Schnapp

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Mayntz, R. (2017). International Institutions of Financial Market Regulation: An Example of Network Governance?. In: Hollstein, B., Matiaske, W., Schnapp, KU. (eds) Networked Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-50386-8_5

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  • DOI: https://doi.org/10.1007/978-3-319-50386-8_5

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-50384-4

  • Online ISBN: 978-3-319-50386-8

  • eBook Packages: Social SciencesSocial Sciences (R0)

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