Financial market integration and informality of financial regulatory regimes
Project/Area Number |
23730169
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Multi-year Fund |
Research Field |
International relations
|
Research Institution | Aoyama Gakuin University |
Principal Investigator |
WADA Hironori 青山学院大学, 国際政治経済学部, 准教授 (70554864)
|
Project Period (FY) |
2011 – 2013
|
Project Status |
Completed (Fiscal Year 2013)
|
Budget Amount *help |
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2013: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2012: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
|
Keywords | 国際政治経済 / 非公式ガバナンス / 金融規制 / マクロ経済政策協調 / 中国 / 国際政治経済学 / グローバルガバナンス / 銀行規制 / 日本 / 国際情報交換 / 国際情報交流 / イギリス |
Research Abstract |
One of the important characteristics of global financial governance that draws the attention of international political economists is its informality. In informal governance institutions such as G groups and the Basel Committee, power and normative factors play a prime role in complementing the lack of formal and legal authority. For understanding this paradoxical situation, the framework of normative hierarchy is introduced. In this hierarchy Western major powers such as the United States, Britain and Germany are norm suppliers. Their role in informal financial governance is to teach other states to how to choose polices. By contrast Asian states such as China are norm demanders. Their behavior in informal governance is to learn how to choose policies.
|
Report
(4 results)
Research Products
(23 results)