000			01850nam a22002057a 4500
999			_c2910 _d2910
005			20220720121741.0
008			220720b ||||| |||| 00| 0 eng d
020			_a9783030348199
082			_a332.1 _bNIJ
100			_aNijs _96786
245			_aThe handbook of global shadow banking: from policy to regulation, Vol II
260			_bPalgrave Macmillan _aSwitzerland _c2020
300			_axxi, 744 p.
365			_aEURO _b84.99
520			_aAbout this book This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This second volume explores three particular domains of shadow banking. The first domain deals with the macro-economic fundamentals of the respective shadow banking segments: Why do they exist, what problems do they solve and why are some of their embedded risks so persistent? The second domain captures the global dimensions of shadow banking markets, reviewing the particularities and specifics of various shadow banking systems around the world. Volume II concludes with an extensive overview of how the sector has changed since the financial crisis, focusing on regulatory arbitrage, contract imperfection and governance. Closing on unresolved issues and open-ended questions that will no doubt remain prominent in the shadow banking sector for years to come, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance.
650			_aNonbank financial institutions _97868
650			_aRisk management _9177
650			_aFinancial crises _95315
942			_2ddc _cBK