GLOBALIZATION AND SYSTEMIC RISK (World Scientific Studies in International Economics) - Hardcover

 
9789812833372: GLOBALIZATION AND SYSTEMIC RISK (World Scientific Studies in International Economics)
Hardcover
ISBN 10: 9812833374 ISBN 13: 9789812833372
Publisher: World Scientific Publishing Company, 2009

Synopsis

The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.

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Publisher
World Scientific Publishing Company
Publication date
2009
Language
English
ISBN 10 
9812833374
ISBN 13 
9789812833372
Binding
Hardcover
Number of pages
456
Editor
Evanoff Douglas D, Kaufman George G, Hoelscher David S