or even much in the way? much what?

Context:

In his book, Friedman warns American policymakers of the need for tax credits, improved teachers’ salaries, and novel approaches to creating, attracting, and retaining the new creators of value–the engineers. Yet retaining the free flow of capital to keep globalization’s bloodstream pumping may also require the most sophisticated team of global financial brain surgeons. That is because the world today lacks a financial doctrine, or even much in the way of a set of informal understandings, for establishing order in a financial crisis. Instead, we have to grope and manage incrementally, like trying to perform delicate brain surgery with one hand tied behind our back and the other wearing an ill-fitting boxing glove. The financial markets have simply become too big, and at times too threatening, for our governmental institutions to be fully effective in maintaining stability.
More:
http://blog.800ceoread.com/2008/09/08/the-world-is-curved-and-excerpted/