Financial Contagion

The Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance and contains contributed chapters from both respected academics and experienced financial professionals. As part of the Robert W. Kolb Series in Finance, Financial Contagion takes a comprehensive look at the key themes surrounding financial contagion-as well as following these themes into various markets and countries-and addresses how understanding them are of vital importance for the world's economic future. Based on formal research conducted over the last few years, Financial Contagion contains groundbreaking thinking on a wide array of issues-from the history of financial contagion to the costs and consequences of systemic risk. Divided into six comprehensive sections, this volume will help you gain a deeper understanding of financial contagion through discussions of: Contagion in the financial crisis of 2007-2009 The avenues by which financial difficulty is transmitted Contagion in Asian economies, including examples from the Asian financial crisis of 1997 The theory behind contagion and the identification of potential episodes Contagion within regions as well as single economies The speed with which financial/economic distress is transmitted Recent years have brought about too many examples of contagion and systemic risk. That is why Financial Contagion is such an important book. In it, the serious concerns that revolve around these events are skillfully investigated, researched, and explained.