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On International Coordination and Cooperation of Financial Regulation in the Post-crisis Era
QIU Zhao-xiang, WANG Xiu-hua
Teaching and Research
2010, (11):
27-32.
Strengthening international coordination and cooperation in finance is an inevitable choice to prevent and defuse financial crises against the background of financial globalization.Based on an analysis of the current regulation framework and coordination of international finance,the paper offers an in-depth discussion of three aspects that have caused problems of international regulation and coordination,namely,unification of criteria,balance of right and responsibility,and integration of organization system.Suggestions are raised to improve the coordination subject,clarify the coordination contents,and innovate on the coordination mechanism.How China should play her part in international financial coordination and cooperation is also explained.
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