Essay Question:
Assess the extent to which international finance markets can continue to be managed through internal self-regulation and specifically through the use of standard documentation produced by private trade associations or whether they should now be subject to external official oversight and control.
Brief comments:
1)
Background: The international finance markets to be covered include : (But we do not want to cover each of this markets in detail) Just to establish which are the international financial markets
The background should point out or present an overview where and why the policy discussion originated. Mainly after the financial crisis 2007-2008 and also contemporary developments such as the global reach of financial markets as well as technological developments. In other words we want to explain why academics and policy makers are questioning self regulation and thinking about international public regulation
