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 | | He justifies the assumptions necessary for this conclusion and proposes its utility because this definition (i) avoids bias, (ii) is methodologically flexible, (iii) is normatively neutral, and (iv) does not assume a stable equilibrium. |
 | | In Part IV, the author proposes that the factors most likely to affect the stable dynamic equilibrium are identified when the FICAS model (frequency, intricacy, cogency, authority, and scope) is applied to the rules and proposals for international banking law. |
 | | The author asserts in Part V that based on the FICAS variables, a self-regulatory regime that leaves the development of rules to the banks themselves will likely lead to a stable dynamic equilibrium for international banking law. |
| www.law.harvard.edu /students/orgs/ilj/38WinterBhala.doc (0 words) |
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