Introduction / Charles Goodhart, Daniela Gabor, Ismail Ertürk, and Jakob Vestergaard -- Constraining descretion in bank regulation / Andrew G. Haldane -- Myths and fallacies in the discussion on capital regulation / Anat R. Admati, Peter M. Demarzo, Martin F. Hellwig, and Paul Pfleiderer --...

At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...