In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory which suggests that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers. 2011 Level: leicht Tax Havens - Investigating International Finance   New Economics Foundation Sheila Dow discusses the concept of radical uncertainty and the failure of neoclassical economics to integrate it into its analysis. As to the implications for financial regulation that arise from the presence of radical uncertainty she argues for institutional overhaul, where the banks see themselves as a licensed partner of the central bank and where rules, values, and conventions would be subject to a cultural shift. Also, Sheila Dow advocates for a renewed focus on retail banking. 2015 Level: mittel The Economics of Uncertainty Sheila Dow INET Lukas Zeise gives an overview of economic and financial crises in the past decades (since 80s). He explains how policies and which kinds of policy were used to mitigate the crises, but also how the emergence of the crises was influenced by these policies. Furthermore, he introduces past attempts of financial market regulation and argues why present policies have not been effective and which further regulatory measures should be implemented in order to overcome financial instability and to avoid future crises. 2013 Level: leicht Regulierung der Finanzmärkte Lukas Zeise Netzwerk Plurale Ökonomik e.V. This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch and explores the following questions: What is bank capital and how is it regulated? It further presents controversies on the size of bank capital in the aftermath of the financial crisis and on how bank capital affects economic activity. 2016 Level: leicht Bank capital – what is it and how is it regulated?   Finance Watch Shadow banking became one of the main features of modern market based financial capitalism and financial globalisation. Daniel Gabor locates this development in a Super-Cycle framework and sketches out opportunities to launch a new cycle that is green and just through financial regulation and publicly organised sustainable finance. 2019 Level: mittel Shadow banking and financial market regulation FFM Conference 2019, Daniela Gabor Hans-Böckler-Stiftung This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany. 2019 Level: leicht Financialization made in Germany: A review Daniel Detzer Institute for International Political Economy Berlin Central banking is anything but clear-cut. As this webinar with Benjamin Braun demonstrates, the standard view of central banks as independent public entities that govern financial markets and "print" money is at least partially misleading. 2020 Level: leicht Central banking, Finance and Power Benjamin Braun crashcourseeconomics.org This essay analyses how the role of central banks changed since the global financial crisis, and how this directional change was accelerated by the outbreak of Covid-19. 2021 Level: mittel Revolution without revolutionaries: interrogating the return of monetary financing Daniela Gabor Transformative Responses to the crisis The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level. 2016 Level: mittel Reconceptualising Global Finance and its Regulation Ross P. Buckley, Emilios Avgouleas, Douglas W. Arner Cambridge University Press Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is still a drag on the world economy. Yet enough time has now elapsed for economists to consider questions that run deeper than the usual focus on the immediate causes and consequences of the crisis. 2013 Level: mittel Rethinking the Financial Crisis Alan S. Blinder, Andrew W. Loh, Robert M. Solow Russell Sage Foundation Rethinking Regulation of International Finance encapsulates the most important aspects of the development and operation of the international financial system. This book questions the fundamental basis of the existing international financial architecture (soft law) and explores the need for a compliance-based model based on legitimacy of regulations and accountability of the regulatory bodies in international financial stability. 2018 Level: mittel Rethinking Regulation of International Finance Uzma Ashraf Barton Kluwer Law International