THE 2008 CRISIS AND THE INTERNATIONAL FINANCIAL ARCHITECTURE: REGULATION PROPOSALS OF THE G-20 AND ITS CHALLENGES

• Autor(a) principal: Marcussi Pontes, Rúbia
• Data de Publicação: 2019
• Outros Autores: Bullio Mattos, Olivia
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Análise Econômica (Online)
• Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/78868
• topic: Grupo dos Vinte (G-20); crise financeira (2007/2008); regulação internacional; Acordos de Basileia; International Relations; National Security; International Political Economy; Group of 20 (G-20); Financial crisis (2007/2008); International regulation; Basel Accords; International Relations; National Security; International Political Economy

The effects of the financial and economic crisis of 2007 and 2008 in theinternational finance architecture demonstrated that the regulation accords implementedup to that moment were not risk-free. Being said that, this article aims to demonstratehow the Group of 20 (G-20) acted after the crisis seeking a political articulation and a newproposal of international regulation, which would increase the resilience of the system.However, the national strategic interests and the fact that countries need to implement theaccords internally are challenges faced in the search for broader financial stability. Changesin the international regulations were fulfilled with the work of the G-20 with other instances,which originated Basel III; nevertheless, the instable nature of the system remains the same.