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Credit rating agencies play a powerful and contentious role in the governance of global financial markets. Introducing an original framework for delegating political authority to private actors, this book explains common trends in the regulatory use of private ratings for public purposes and analyzes regulatory changes after the Financial Crisis.
Author Biography
ANDREAS KRUCK is Teaching and Research Associate in International Relations and Global Governance at Ludwig-Maximilians-University Munich, Germany. His research interests include global governance, private actors in world politics and international political economy.
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