Publication: Financial Crisis and Global Governance: A Network Analysis
Date
2010
ISSN
Published
2010
Author(s)
Sheng, Andrew
Abstract
This paper attempts to use network
theory, drawn from recent work in sociology, engineering,
and biological systems, to suggest that the current crisis
should be viewed as a network crisis. The author surveys the
concepts of networks, their defining characteristics,
applications to financial markets, and the need for
supervision and implications for national and global
governance. Then, author briefly examines the current
financial crisis in the light of the network analysis and
surveys the recent reforms in financial regulation and
architecture. The paper concludes with an analysis of the
policy implications of network analysis.
Link to Data Set
Citation
“Sheng, Andrew. 2010. Financial Crisis and Global Governance: A Network Analysis. Commission on Growth and Development Working Paper;No. 67. © World Bank, Washington, DC. http://hdl.handle.net/10986/27785 License: CC BY 3.0 IGO.”