Introduction: Democracy and Financial Order – Legal Perspectives
This volume assembles nine articles on the relationship between democracy and the financial order from various legal perspectives. Each contribution adopts a unique perspective on the legal and political challenges brought to the fore by the Global Financial Crisis. This crisis and the ensuing sovereign debt crisis in Europe are only the latest in a long series of financial crises in the last decades all over the world. By their very existence, but also by the political turmoil they have created, these financial crises testify to the well-known tensions between democracy and a market-based economic and financial order.