Chen on Soft Law and the Global Financial System

Book Review - Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century

Jim Chen

University of Louisville - Louis D. Brandeis School of Law



Emory International Law Review, Forthcoming
University of Louisville School of Law Legal Studies Research Paper

Abstract:     
In Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century (2011), Christopher J. Brummer provides a detailed and informative analysis of the international regulatory response to the global financial crisis of 2008. This accomplishment alone warrants a close look at this book. But Professor Brummer goes further in this pivotal work on the law of international finance. He provides a persuasive theoretical account of international financial law. Soft Law and the Global Financial System not only describes the mechanisms of lawmaking and standard-setting for global financial markets, but also delivers a workable framework for prescribing and perhaps even perfecting the regulation of the world’s most vital and volatile economic institutions.

Number of Pages in PDF File: 7

Keywords: international law, financial law, regulatory law

Full text available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1944294