Emory International Law Review

Volume 25Issue 3
Book Review

Soft Law and the Global Financial System

Jim Chen | 25 Emory Int'l L. Rev. 1561 (2011)

In Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century, Christopher J. Brummer provides a detailed and informative analysis of the international regulatory response to the global financial crisis of 2008. This accomplishment alone warrants a close look at this book. Yet, Professor Brummer goes further in this pivotal work on the law of international finance. He provides a persuasive, theoretical account of international financial law. Soft Law and the Global Financial System not only describes the mechanisms of lawmaking and standard-setting for global financial markets, but also delivers a workable framework for prescribing and perhaps even perfecting the regulation of the world’s most vital and volatile economic institutions.

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