1st Edition

Preparing for the Next Financial Crisis

386 Pages 5 B/W Illustrations
by Routledge

386 Pages 5 B/W Illustrations
by Routledge

386 Pages 5 B/W Illustrations
by Routledge

The ramifications of the Global Financial Crisis, which erupted in 2007, continue to surprise not only the general public but also finance professionals, economists, and journalists. Faced with this challenge, Preparing for the Next Financial Crisis goes back to basics. The authors ask: what do theory and empirical observations tell us about the causes and the consequences of financial crisis... Read more

1. Notions

2. Financial Cycles and Crises

3. International Dimensions of Financial Stability

4. Incentives

5. Constraints

6. Capital and Liquidity Standards

7. Crisis Management and Resolution of Financial Institutions

8. Macroprudential Policy

9. Economic Policies and Financial Stability

10. Institutions

11. Emerging Risks and New Challenges

Biography

Olivier de Bandt, who holds a PhD from the University of Chicago, is an economist and researcher associated with the University of Paris-Nanterre, where he has been teaching banking and financial economics at graduate level. He is an associate editor of the Journal of Financial Stability.

Françoise Drumetz and Christian Pfister are also economists. They teach the Financial Stability course in the Sciences Po School of Public Affairs (Paris).