Coping with risk in transnational financial markets

Modern societies are increasingly formed by social, economic and legal relations that dissolve the traditional boundaries of nation states. Transnational firms and other cross-border organizations and networks develop new modes of cooperation, thereby setting new standards of governance. At the same time, markets - in particular financial markets - have more and more outgrown systems of national regulation, and time and again a crisis illustrates the need to improve international policy coordination, and to develop more elaborate ways of coping with the risks that arise. This special ebook fro