Emily Jones on Financial Regulation in the Periphery of the World Economy
On Friday, 29 September, GEG Director Emily Jones spoke at the Transformations in Global Economic Governance Conference in Cambridge. Her talk, Financial Regulation in the Periphery of the World Economy: The Unintended Consequences of International Standards, was part of the panel on the Political Economy of International Financial Institutions.
The conference focused on a range of contemporary debates on global governance:
- How has the global economic governance architecture evolved in recent years?
- How have established international financial institutions responded to challenges of relevance and legitimacy?
- How have rising powers sought to alter global economic governance arrangements and how have developed countries reacted?
Rather than providing definitive answers to these questions, the conference took a broad look at the shifting ground in the global economic governance architecture, highlighting the most promising avenues of inquiry for future research. Contributions included novel analyses of biased decision-making in international financial institutions, new evidence on the Chinese approach toward building a regional financial regime, and new ways to understand authority in global economic governance and how international organizations exercise it.
The conference brought together leading scholars from various disciplines, including development economics, political science, geography, and sociology. It encompassed various themes of relevance to global economic governance, including trade, finance, and development, and featured paper presentations, expert panels, a keynote address, and the launch of a new dataset. It aimed to set a broader research agenda for understanding - and addressing - key challenges facing the global economic system.