Global Finance and Law Initiative
Launched in 2011, the GFLI brought together researchers from law, sociology and economics, who conducted in-depth case studies on the legal construction of foreign exchange, sovereign debt, global derivatives and domestic as well as transnational credit markets. The project culminated in the publication of a special issue of the Journal of Comparative Economics entitled “Law in Finance”, which includes the case studies as well as “A Legal Theory of Finance” by Katharina Pistor.
The project was funded by the Institute for New Economic Thinking (INET).
Daniel Awrey is a Lecturer in Law and Finance and Fellow of Linacre College at Oxford University. His research interests include the regulation of financial markets and institutions.
Bruce Carruthers is a Professor of Sociology at Northwestern University who focuses on the institutional foundations of market economies. His research interests include the construction and role of trust in markets, as well as the relationship between law and capitalism.
Anna Gelpern is an Associate Professor of Law at American University, Washington, and a visiting fellow at the Peter G. Peterson Institute for International Economics. Her research explores the legal and policy implications of debt, development, and financial globalization.
Mitu Gulati is a Professor of Law at Duke University. His research focuses on the evolution of contract language, the history of international financial law, and the measurement of judicial behavior.
Alya Guseva is an Associate Professor of Sociology at Boston University who researches the dynamics of market formation. Her recent research focuses on the development of new financial and consumer markets in the emerging economies of Eastern and Central Europe.
Rachel Harvey is a Postdoctoral Research Scholar with the Center on Global Legal Transformation. Her research focuses on the centrality of social and institutional processes in the emergence and development of global financial markets.
Tamara Lothian is a Principal with International Strategies Group, a Boston-based consultancy; a Lecturer at Columbia Law School; and a Research Fellow and Visiting Professor of Law at Fundacao Getulio Vargas, in Rio de Janeiro, Brazil. The central theme of her recent academic work focuses on rethinking core conceptualizations of finance and financial reform and in the United States and the global economy.
Perry Mehrling is a Professor of Economics at Barnard College. His research interests include the economics of money and banking, monetary theory and policy, and the history and foundations of monetary economics.
Akos Rona-Tas is an Associate Professor of Sociology at the University of California, San Diego, and a research associate at INRA, Paris. He is currently working on the problem of rationality and uncertainty in two different contexts: credit markets and the use of science in risk management.