Rules For The Global Economy

An examination of the conditions under which international rules ofglobalization come into existence enabling world economic and financialsystems to function an... » 

An examination of the conditions under which international rules ofglobalization come into existence enabling world economic and financialsystems to function and stabilize. It demonstrates that the rules result from atrialanderror process and usually after a crisis in order to preventpointless transaction costs and risks. «