This book investigates the extent to which the 2008 global financial crisis catalyzed fundamental shifts in international financial governance. Eric Helleiner, a professor of political science specializing in international political economy, utilizes a comparative analysis of pre- and post-crisis regulatory frameworks to argue that institutional continuity has largely prevailed over the anticipated radical transformation of the global financial system.

Experts in international political economy recognize this work as a significant contribution to the study of institutional inertia in global finance. Readers frequently note the academic rigor and the clarity with which the author challenges common assumptions about post-crisis reform.