Regulating Capitalism

Name: Regulating Capitalism
Price: 165.78 AUD
Availability: OutOfStock
ISBN: 9783031916229

The Politics of Market and Financial Regulation

Brigita Schmögnerová

$206.95 $165.78

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We will update you on expected arrival time to us. If this delay is too long, please let us know within 2 business days and we can give you options regarding cancelling or adjusting your order. More details on cancelling your order can be found in our Terms of Trade.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Springer International Publishing AG
19 June 2025

Economic theory & philosophy; Economics of industrial organisation; Economic history; Finance; Civil service & public sector

Series: Professional Practice in Governance and Public Organizations

Inspired by Karl Polanyi's assertion that a self-adjusting market cannot persist without undermining the human and natural fabric of society, this book explores the critical role of market regulation in sustaining capitalism. It defends the thesis that ""regulation is saving capitalism,"" while acknowledging the cyclical nature of market regulation: periods of regulation are often followed by waves of deregulation, creating “a swinging pendulum” phenomenon.

Combining approaches from political economy and history of regulatory approaches in theory and practice, the book investigates the sensitivity of the pendulum to its driving forces incl. “material causes,” changes in a political power, competing interests, etc. It verifies the capacity of two main theories of regulation to explain this cyclical phenomenon.

Part I. of the book examines, with a specific focus on regulation in the European Union, main goals of regulation, the redistributive effects of regulation, regulatory capture by vested interests including “international policing mechanisms,” risks of regulatory failure, the dangers of overregulation, and limits of self-regulation as well as questions the efficacy of the Better Regulation agenda. Part II. provides an in-depth analysis of financial regulation, it explores the key endogenous factors and some exogenous factors of financial instability (like COVID-19, climate change) which underline the need to regulate financial capitalism in order to maintain financial stability without jeopardising innovation, growth and competitiveness. It discusses the rapid evolution of European financial regulation since the 2007/8 financial crisis, including efforts to complete the European Banking Union, advance the European Capital Market, and promote Sustainable finance.

Drawing on the author's scholarly as well as practical experiences as the former Deputy Prime Minister (1994) and Finance Minister (1998-2002) of the Slovak Republic, this book is written for both professionals in regulatory agencies and government institutions, as well as scholars with an interest in regulatory issues and economic policy.

By: Brigita Schmögnerová
Imprint: Springer International Publishing AG
Country of Publication: Switzerland
Dimensions: Height: 235mm, Width: 155mm,
ISBN: 9783031916229
ISBN 10: 3031916220
Series: Professional Practice in Governance and Public Organizations
Pages: 380
Publication Date: 19 June 2025
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Political Economy of Regulation.- Regulation in the EU.- Too Much Regulation.- Too Weak to Regulate.- Financial Regulation in the EU.

Brigita Schmögnerová, the former Deputy Prime Minister (1994) and Finance Minister (1998-2002) of the Slovak Republic. After leaving domestic politics she served as an Executive Secretary of the United Nations Economic Commission for Europe (2002 – 2005) and as a Vice President of the EBRD (2005 – 2010).