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POLITICS, INSTITUTIONS, CONSTRUCTIVISM and the EMERGING INTERNATIONAL REGIME for FINANCIAL REGULATION
Author(s) -
Porter Tony
Publication year - 2002
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.2002.tb00229.x
Subject(s) - constructivism (international relations) , politics , institution , political science , quarter (canadian coin) , economics , finance , political economy , sociology , international relations , law , archaeology , history
This article examines the growing number of interconnected international groupings that have been built to regulate global finance over the past quarter century. It suggests that the rationalistic approaches focusing on egoistic actors that have dominated scholarly study of this issue area have contributed to the understimation of the strenght of the regime for regulating global finance. It examines, as an alternative, constructivist approaches that stress the importance of institution.