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Stanford University Press Bankrupt: Global Lawmaking and Systemic Financial Crisis

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Description

Explore the complex relationship between legal systems and global markets in Bankrupt: Global Lawmaking and Systemic Financial Crisis. Published by Stanford University Press, this work examines how the Asian Financial Crisis revealed the deep vulnerabilities present in emerging, transitional, and advanced economies. Authors Halliday and Carruthers investigate the response of international organizations to these market breakdowns. The text focuses on how legal reforms were proposed as a method to protect markets from instability. By sitting at the intersection of law and commerce, corporate bankruptcy law serves as a mechanism to ensure that the casualties of capitalism are managed in an orderly fashion. This book provides a detailed look at how global actors, such as the IMF, World Bank, UN, and various international professional associations, worked to develop comprehensive norms for corporate bankruptcy. It is an essential resource for those studying the sociology of law, international finance, and the systemic structures that govern global economic stability.

Key Features

Examines the impact of the Asian Financial Crisis on emerging and advanced global economies.

Analyzes the role of international organizations like the IMF and World Bank in driving legal reform.

Explores how corporate bankruptcy law functions to manage the consequences of market failures.

Details the development of global norms by international professional associations and the UN.

Provides a deep look at the connection between legal systems and global financial market stability.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
20 April 2009
Listed Since
21 November 2008

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