Systemic Risk in the Financial Sector: Ten Years After the Great Crash by Douglas W. Arner, Emilios Avgouleas, Danny Busch, Steven L. Schwarcz
English | October 2nd, 2019 | ISBN: 1928096891, 1928096883 | 300 pages | EPUB | 2.84 MB
In late 2008, the world's financial system was teetering on the brink of systemic collapse. While the impacts of the global financial crisis would be felt immediately, at every level of the economy, it would also send years-long aftershocks through investment, banking and regulatory circles worldwide. More than a decade after the worst year of the global financial crisis, what has been learned from its harsh lessons? Are governments and regulators more prepared for another financial system failure that would significantly affect the real economy? What may be the potential triggers for such a collapse to occur in the future?
