Practical analysis for investment professionals

Systemic Risk


Book Review: Systemic Risk: The Dynamics of Modern Financial Systems

The global financial crisis revealed a critical need for a substantial reassessment of the fundamental workings of financial systems, their interactions with the real economy, and the circumstances that tip such systems from stability to instability. In this book, Prasanna Gai provides a fresh look at these increasingly important fields.

Take 15: Hedge Funds, A Stabilizing Force for the Financial System (Video)

Sebastian Mallaby makes the case that hedge funds are important providers of liquidity to financial markets and not a destabilizing threat to the financial system.



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