The glaring deficiencies of the US sub-prime market in 2007 evolved through 2008 and 2009 into a fully blown global financial crisis, the worst since the Great Depression of the 1930s. That in turn has spawned sovereign debt crises in a number of European countries in 2010, most dramatically in...

As globalization gather pace, national economies are becoming more internationalized and inter-dependent, and the power of individual nation states is being diminished in relative terms. Increasingly individual countries are less able to control their national economies. One consequence of these...

This article surveys the historical development of financial services regulation in Great Britain, especially the social conditions and power relations that have shaped the evolution of British financial markets. The analysis specifically focuses upon the role of special interest groups and how...

This article traces the development of UK financial services regulation from the Middle Ages up to the time of Big Bang, by examining the establishment of the City of London's financial markets and significant milestones in the City's regulatory history. The analysis shows how the City has...