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Globalization and information and communication technologies pushed national financial regulators to establish international standard setting bodies (SSBs) which promote non-binding international financial regulatory standards. However, finance inevitably has social and human rights impacts and...
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Necessary Evil is a penetrating investigation of the incredible impact the financial system has on human rights. The machinations of Wall Street can make or break people's lives on Main Street or No Street, and yet today we have lost control of finance, and finance has lost our trust. Necessary...
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This paper's hypothesis is that the international standard setting bodies (SSBs) could improve the quality of their international standards by incorporating a human rights analysis. It focuses on five SSBs and seven of their international standards and its findings include the following: First,...
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as well as enslave. With the world's total financial assets -- valued at a staggering $300 trillion -- being four times … larger than the combined output of all the world's economies, there is, apparently, plenty to go around. Yet, while …
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The role of state-sponsored entities as participants in the financial markets is often overlooked in the human rights discourse. This paper will examine the role of the state in financial markets not as the lawmaker, regulator, or utilizer of hard power, but as an equity investor of...
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transnational activists and the changing norms and practices of development finance institutions such as the World Bank, some of the … largest commercial banks in the world created a global private regulatory regime - the Equator Principles (“EPs”) — to …
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