Globalisation and Finance at the Crossroads

Globalisation and Finance at the Crossroads: The Financial Crisis, Regulatory Reform and the Future of Banking

Globalisation and the governance of the international financial system have arrived at the crossroads, where either a coherent level playing field for the cross-border activities of banks and multinational enterprises is settled upon, or the risk of another crisis will build up again. This book will explore the underlying problems alongside inconsistent economic and financial trends as a guide for researchers, advanced students and professionals to think about the interconnectedness of the factors involved. Readers will gain insights drawn from recent developments in economic theory and empirical research―a toolkit to help them in their future careers in economics and finance―illustrated with an analysis of the 2008 crisis and its aftermath.

Table of Contents

Chapter 1 Globalisation Sets The Background To The Crisis
Chapter 2 Financial Innovation And Basel Ii
Chapter 3 The Watershed Year Of 2004: Origins And Causes Of The Crisis
Chapter 4 Business Models Of Banks And Global Contagion
Chapter 5 Managing The Crisis, Exit And Requirements Of Reform
Chapter 6 The Determinants Of The Riskiness Of Banks
Chapter 7 Why Bank Separation Must Complement The Leverage Ratio
Chapter 8 Assessing The Finalised Basel Iii Banking Regulation Regime
Chapter 9 Globalisation And Finance At The Crossroads