About this product

Product Identifiers

PublisherEmerald Publishing The Limited

ISBN-101787696820

ISBN-139781787696822

eBay Product ID (ePID)23038486839

Product Key Features

Number of Pages256 Pages

Publication NameBanking Sector under Financial Stability

LanguageEnglish

Publication Year2018

SubjectBanks & Banking, General, Economics / General, Corporate Finance / General

TypeTextbook

AuthorIndranarain Ramlall

Subject AreaBusiness & Economics

SeriesThe Theory and Practice of Financial Stability Ser.

FormatHardcover

Dimensions

Item Height0.7 in

Item Weight15.7 Oz

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN2018-420360

Dewey Edition23

TitleLeadingThe

Reviews'This book is a comprehensive work on one of the most actual topics in the aftermath of the Great Recession. It covers a wide range of topics on financial stability complementing theoretical frameworks with practical examples. Starting with a conceptual description on financial stability, the book overviews a history of the major financial crises and Basel regulation rules. Particularly useful is an inquiry of the financial stability perspectives across different asset classes and economy sectors. Another beneficial feature of this book is a complete oversight of stress testing methodologies. The book is a thorough compilation of topics on financial stability and definitely deserves a place on the bookshelves of central bankers, government and private institutions' officials.', 'This is a monumental work! I didn't find anything missing. I think it will be useful for students, economic and finance professionals and policymakers.', Most economies in the world are characterized by a bank-based financial system, says Ramlall, so it is critically important to undertake a full-fledged analysis of the banking sector with respect to financial stability risks. His topics include the banking sector and financial stability, a framework for financial stability risk assessment in banks, microprudential and macroprudential regulation, differences between the US and the European Union under different financial perspectives, and some practical issues in credit risk modeling., 'Financial stability has become a major concern for central banks, after the 2008 global financial crisis. More and more research is tackling topics regarding the role of the financial system in macroeconomic models and the implementation of macroprudential policy. Therefore, a comprehensive overlook of financial stability issues, such as the one offered by The Theory and Practice of Financial Stability can prove particularly useful for experts working in the financial system, central bankers included. The textbook covers a diverse set of topics from policy matters to risk assessment analysis.', 'Financial stability was always a priority for financial sector regulators and it has surpassed other objectives since the global financial crisis. Given various complexities associated with the financial stability and rapid developments over time, existing literature tends to deal with specific aspects of financial stability. It is very difficult to get a comprehensive book dealing with the wide range of concepts, different segments of financial sector, ever increasing variety of financial instruments and regulations associated with financial stability. The current book is a very good attempt to fill this gap through its comprehensive coverage of almost the entire gamut of financial stability related topics. This book should beuseful for financial sector regulators, related ministries in the governments, researchers, multilateral institutions, other financial sector stakeholders and general public who are interested to know the complexities of the financial sector and financial stability.', 'Dr Indranarain's book is an actual textbook for interpreting interrelations between all aspects and sectors of the international economy and will surely be a highly useful tool for credit institutions, investors, practitioners as well as academics. From a Central Bank's point of view this book provides an integrated approach to macroeconomic environment and the interactions between the various factors and an actual tool for assessing and measuring leading circumstances and indicators that affect financial stability and maycause vulnerabilities.', 'Indranarain Ramlall's proposal is a great attempt at giving a comprehensive view of financial stability from a theoretical, practical and policy perspective. It aims at providing future students with the tools to understand the framework in which financial stability is assessed and understood today by international organisations and central banks across the world. To my knowledge, this is the only book that covers such a wide range of topics related to financial stability. It, therefore, has the potential to become a good reference book on the topic. I believe that Indranarain Ramlall has made a great proposal to provide a "big picture view" on financial stability. I look forward to reading the textbook!'

Series Volume Number2

IllustratedYes

Dewey Decimal332.1068/1

Table Of ContentChapter 1. Banks, Risks and Risk Management Chapter 2. The Banking Sector and Financial Stability Chapter 3. A Framework for Financial Stability Risk Assessment in Banks Chapter 4. Banks, Macroeconomic States, Asset Prices, Household Sector and Monetary Policy Chapter 5. Basel III Chapter 6. Microprudential and Macroprudential Regulation Chapter 7. Banks and Policies Chapter 8. Differences between the U.S. and the European Union Under Different Financial Perspectives Chapter 9. Some Practical Issues in Credit Risk Modelling

SynopsisMany economies in the world are characterised by a bank-based financial system, that is, the financial intermediation process is mostly performed by banks. It is therefore critically important to undertake a fully-fledged analysis of the banking sector with respect to financial stability risks. The Banking Sector Under Financial Stability considers the unique position of banks which by nature assume higher risks, but with a low equity to total assets ratio. It recognises that balance sheet analysis of banks becomes a key element in financial stability risk assessment and that the sources of banks' funding also pose risks to financial stability. The book also gives due consideration to the interactive forces which prevail among banks, macroeconomic states, asset prices, the household sector, and monetary policy. The differences between the US and the European Union are also covered at length, as are the various credit risk models pertinent for banks. This book will prove valuable to central bankers, economists, and policy-makers who are involved in the field of financial stability, as well as researchers studying the field., The Banking Sector Under Financial Stability recognises the critical importance of the banking sector with respect to financial stability risks, and considers the unique position of banks which by nature assume higher risks, existing within a low equity to total assets ratio.

LC Classification NumberHG1501-3550