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This book presents the Clarendon Lectures in Finance by one of the leading exponents of financial booms and crises. It explains why the global financial crisis erupted in an era when risk management was at the core of the most sophisticated financial institutions.

Produktbeschreibung
This book presents the Clarendon Lectures in Finance by one of the leading exponents of financial booms and crises. It explains why the global financial crisis erupted in an era when risk management was at the core of the most sophisticated financial institutions.
Autorenporträt
Hyun Song Shin is Economic Adviser and Head of Research at the Bank for International Settlements. Before joining the BIS, he was the Hughes-Rogers Professor of Economics at Princeton University. He is a leading exponent of financial booms and crises, and has been a leading figure in the policy debates during the financial crisis. He has written extensively for both an academic and practitioner audience on financial risk, financial regulation, and monetary policy. He has served as editor or editorial board member of several scholarly journals, and has served in an advisory capacity to central banks and policy organizations on financial stability issues. He is a fellow of the Econometric Society and of the British Academy.