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Engineering the Financial Crisis - Jeffrey Friedman - Bog

- Systemic Risk and the Failure of Regulation

Bag om Engineering the Financial Crisis

This study examines the role of the Basel Accords-a set of international standards regulating bank capital-in the global financial crisis. It argues that because the accords were so widely adopted, they effectively homogenized the banking industry, increasing the systemic risk they were intended to prevent.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780812243574
  • Indbinding:
  • Hardback
  • Sideantal:
  • 224
  • Udgivet:
  • 24. oktober 2011
  • Størrelse:
  • 152x229x0 mm.
  • Vægt:
  • 498 g.
  • Ukendt - mangler pt..

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  • BLACK NOVEMBER

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Beskrivelse af Engineering the Financial Crisis

This study examines the role of the Basel Accords-a set of international standards regulating bank capital-in the global financial crisis. It argues that because the accords were so widely adopted, they effectively homogenized the banking industry, increasing the systemic risk they were intended to prevent.

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