The Doom Loop in the Financial Sector And Other Black Holes of Risk / William Leiss.

Format:

Book

Author/Creator:

Leiss, William, 1939-

Series:

Critical issues in risk management.

Critical issues in risk management

Language:

English

Genre:

Electronic books.

Physical Description:

1 online resource (187 p.)

Manufacture:

Baltimore, Md. : Project MUSE, 2012

Place of Publication:

Ottawa : University of Ottawa Press, 2010

Language Note:

English

Summary:

The recent global economic crisis has revealed that the prevailing risk management systems in the banking and financial sectors are utterly inadequate to protect the public from unacceptable levels of risk. Such "black holes of risk," which expose all of us to catastrophic harm, are increasingly common in the modern world. --Book Jacket.

Contents:

Black holes of risk

Systemic and super-systemic risk in the financial sector

Controlling the downside risk

Appendix 1. Fragility in complex systems and the "tipping point" problem

Appendix 2. A basic integrated risk management framework

Table 2-1, dimensions of risk management.

Notes:

"The recent global economic crisis has revealed that the prevailing risk management systems in the banking and financial sectors are utterly inadequate to protect the public from unacceptable levels of risk. Such 'black holes of risk, ' which expose all of us to catastrophic harm, are increasingly common in the modern world, and we need urgently to learn how to manage them."--Back cover.

Includes bibliographical references (pages 148-157) and index.

Description based on print version record.

ISBN:

1-280-69146-8

9786613668400

0-7766-1928-4

OCLC:

728770522