Regulating the Financial Sector in the Era of Globalization

ZUHAYR MIKDASHI has since 1976 been a Professor at the University of Lausanne, Switzerland, where he founded the Institute of Banking and Finance in 1989. He has previously held posts at the Harvard University Centre for International Affairs, Washington D.C., the Japanese Institute for Developing Economies, Tokyo, the Indiana University Graduate School of Business Administration and the American University of Beirut. He has also acted as Consultant at the World Bank and other organizations and was Expert-Advisor at the United Nations Centre on Transnational Corporations, New York. He is the author of several books and articles on international development.

• Acknowledgements Purpose Foreword: Incentive-Based Supervision and Regulation of Financial Institutions; R.C.Hunter Risks and Protagonists Challenges of Corporate Governance Prudential Regulatory Norms Effective Supervision and Enforcement Financial Safety Nets In Search of Financial Stability Regulatory Progress Index Select Bibliography Notes and References

'Zuhayr Mikdashi conducts a meticulous analysis of the mechanisms of control and supervision of financial institutions viewed within the context of historical evolution. We cannot but recommend reading this book to all those who seek to understand the major trends and challenges that are at the foundation of the principles of supervising financial markets.' - L'agefi'This compelling book focuses on the regulatory roles of public authorities and business executives in the prevention, moderation, containment, and resolution of financial crises. Authored by a distinguished professor and expert on international finance, this well-written, nonmathematical analysis identifies and evaluates the major economic, sociopolitical, and managerial factors of critical importance to optimal regulation of financial intervention.' - R. H. Dekmejian, Choice