{"product_id":"reinventing-financial-regulation-avinash-persaud-9781430245575","title":"Reinventing Financial Regulation: A Blueprint for Overcoming Systemic Risk","description":"\u003cp\u003e\u003cem\u003e\u003c\/em\u003e\u003c\/p\u003e\u003cp\u003e\u003cem\u003eReinventing Financial Regulation\u003c\/em\u003e 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. \u003c\/p\u003e\u003cp\u003e\u003cem\u003eReinventing Financial Regulation\u003c\/em\u003e 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.\u003c\/p\u003e\u003cp\u003eWhat 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.\u003c\/p\u003e\u003cp\u003ePersaud'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.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Avinash Persaud\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1430245573\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781430245575\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Apress\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/17\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 276\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.87lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.58d\u003c\/p\u003e","brand":"Avinash Persaud","offers":[{"title":"Paperback","offer_id":44522496360703,"sku":"9781430245575","price":37.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_68219924-e914-4f07-983e-fd4a04b05f06.jpg?v=1700157565","url":"https:\/\/www.whiterainbookhouse.com\/products\/reinventing-financial-regulation-avinash-persaud-9781430245575","provider":"WR Book House","version":"1.0","type":"link"}