The paper focuses on financial regulation at an international level. More specifically, it looks on (a) the inherent tensions of financial regulation in the first place (b) the added complexity when entering the international sphere and (c) draws on some specific examples that help bring out...

While the banking sector in Western economies had been heavily hit by the latest financial crisis, the banking sector in China seems to perform well. Nevertheless, as the shadow banking system is said to have been one of a variety of causes for the current financial crisis, it also exists in...