3.2 A legal perspective on the global financial crisis
In the following video, Dr Anne Wesemann discusses the potential ways in which someone might attempt to make sense of the global financial crisis from a legal perspective.
Spend some time watching the video, and then try to summarise what you think the defining features of a legal approach might be in the text box below.
Transcript: Video 7
Academics with a legal background might be interested in exploring the limitations and failings of the laws and regulations that were purportedly intended to prevent the global financial crisis from occurring, as well as the potential changes that might need to be made to stave off further financial crises in the future.
Legal scholars may also be interested in considering the ways in which people’s understanding of the potential interconnections between different types of law changed as a result of the crisis, for example, developing a clearer recognition of the close relationship between financial and constitutional or public law.