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Why International Cooperation is Failing – How the Clash of Capitalisms Undermines the Regulation of Finance - Oxford Scholarship Online
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Why International Cooperation is Failing: How the Clash of Capitalisms Undermines the Regulation of Finance

Thomas Kalinowski


Since the global financial crisis of 2008/09, international cooperation has failed to curb volatile financial markets. Changes in the global rules of finance discussed in the G20 during the last decade remain limited, and it is uncertain whether they are suitable to help mitigate and manage future crises to come. This book offers an alternative to the popular notion that this failure is the result of the ‘nature’ of the international system, the clash of national egoisms, or lack of leadership. It instead investigates problems of international cooperation by looking at their deeper structural ... 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, Ewha Womans University