The Politics of Financial Regulation Expertise: International Financial Organizations and Expert Networks

    Research output: Working paperResearch


    Who controls global policy debates on shadow banking regulation? By looking at the policy recommendations of the Bank of International Settlements, the International Monetary Fund and the Financial Stability Board, we show how experts tied to these institutions secured control over how shadow banking is treated. In so doing, these technocrats reinforced each other’s expertise and excluded some potential competitors (legal scholars), coopted others (select Fed and elite academic economists). The findings have important implications for studying the relationship between IOs technocrats and experts from other professional fields.
    Original languageEnglish
    Place of PublicationBoston
    PublisherThe Frederick S. Pardee School of Global Studies, Boston University
    Number of pages12
    Publication statusPublished - Feb 2016
    SeriesGEGI Working Paper

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