000			02060nam a22002057a 4500
005			20250211103034.0
008			250211b ||||| |||| 00| 0 eng d
020			_a9781484284711
040			_cAL
041			_aeng
082			_223 _a332 _bPERR
100			_aAvinash D Persaud _9198910
245			_aReinventing financial regulation _b: a blueprint for overcoming systemic risk
260			_aNew York _bApress _c2023
300			_axii,259p _bPB _c23.5x15cm.
365			_2General _a6391 _b₹639.20 _c₹ _d₹799.00 _e20% _f6/02/2025
520			_aReinventing 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.
650			_2Economics _aFinancial Economics _9198911
942			_2ddc _cBK
999			_c233744 _d233744