Includes bibliographical references and index.

Preliminary Material / Chris Brummer -- Introduction: Key Theoretical Parameters of the Soft Law Debate: A Basic Overview / Chris Brummer -- Government Versus Markets – A Change in Financial Regulation / Armin J. Kammel -- A Law and Economics Framework for Financial Regulation / Aristides N. Hatzis -- The Device of Soft Law: Some Theoretical Underpinnings / Friedl Weiss -- The Dogma of Capital Regulation as a Response to the Financial Crisis / Heidi Mandanis Schooner -- The Politics of International Financial Law in the Aftermath of the Global Financial Crisis of 2008 / Douglas W. Arner -- The Changing Landscape of European Financial Supervision from an Institutional Perspective / Alfred Schramm -- The Dodd-Frank Act Does Not Solve the Too-Big-to-Fail Problem / Arthur E. Wilmarth -- Say on Pay, Soft Law and the Regulatory Focus on Enforcement and Transparency / Poonam Puri and Simon Kupi -- Consumer Protection through Soft Law in an Era of Global Financial Crisis / Ruth Plato-Shinar and Rolf H. Weber -- Moving from Soft Law to Hard Law in the Derivatives Arena: A Case Study / Christian A. Johnson -- Financial Crises and the Changing Relationship between Banks and Their Customers in Singapore / Sandra Annette Booysen -- From Rule-Taker to Rule-Maker: China’s Changing Roles in Global Banking Regulation / Chao XI -- Regional Economic and Financial Integration in Asia: Challenges from the Global and Financial Crisis / Chayodom Sabhasri -- The Debt Crisis and Its Impact on Developing Countries / Jamshid Damooei -- Limiting Financial Crisis: Demands on the New Financial Architecture from the Perspective of NGOs and Developing Countries / Stephany Griffith-Jones and Matthias Thiemann -- Index / Friedl Weiss and Armin J. Kammel.

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The Changing Landscape of Global Financial Governance and the Role of Soft Law provides interdisciplinary perspectives on the changing landscape of global financial governance by exploring the impact and role of soft law, directly or as a precursor of hard law, pertaining to financial governance. Since the shaping of financial governance impacts national, regional and global levels of regulation, different views and arguments contribute to the ongoing discussions about financial regulation. Against this background, this book brings together perspectives of economists and lawyers who have not rallied to one or the other popular call for more regulation as a panacea for the prevention of future global financial crises, calls which have all but drowned out more nuanced scientific debates. Instead, their analysis of aspects of remedial regulatory policy prescriptions already made or proposed demonstrates that carefully designed soft law can be deployed as a valuable method or tool of mediation between the unrestrained autonomy of dysfunctional markets and overzealously crafted hard law.