02060nam a22002057a 4500 20250211103034.0 250211b ||||| |||| 00| 0 eng d 9781484284711 AL eng 23 332 PERR Avinash D Persaud 198910 Reinventing financial regulation : a blueprint for overcoming systemic risk New York Apress 2023 xii,259p PB 23.5x15cm. General 6391 ₹639.20 ₹ ₹799.00 20% 6/02/2025 Reinventing Financial Regulation offers an analysis of the fundamental flaws that plague the current system of financial regulation, one built around ideas of "risk-sensitivity" and "capital adequacy." Author Avinash Persaud argues that while some sensible reforms have been introduced, a fresh approach—centered on risk capacity—is required. When the entire regime is compromised, simply slapping bandages on each new wound will do nothing to cure the underlying disease. Reinventing Financial Regulation goes beyond an urgent call to fix our profoundly troubled and damaged financial markets. It is a blueprint for an effective financial regulation system that could very well save the future of finance. What would a well-regulated financial system look like? Until now, policymakers, financial experts, and leading academics have been content to avoid facing this question head–on. We have been offered piecemeal reforms that ultimately leave the global financial system exposed to different versions of the same risks that so recently brought it to its knees. The world economy literally cannot afford to dodge this question any longer.Persaud's goal to bring clarity and a powerful simplicity to the financial regulation process results in a systematic and apolitical framework for fixing the world's fractured financial industry and transforming its regulation—not just for today's financial climate, but once and for all. Economics Financial Economics 198911 ddc BK 233744 233744 0 0 ddc 0 0 MCOM SACPG SACPG 2025-02-08 Biblios Book Point 639.20 0 332 PERR PG024846 2025-02-11 00:00:00 799.00 2025-02-11 BK