Securitization and the Global Economy : History and Prospects for the Future /

This book examines the controversial issue of securitization in a global, historical context. It traces its origins and compares evidence of securitization across countries, linking differences to variations in legal, political, and cultural regimes. By incorporating the history and current status o...

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Bibliographic Details
Main Author: Buchanan, Bonnie G.
Corporate Author: ProQuest (Firm)
Format: eBook
Language:English
Published: New York, NY : Springer Nature : Palgrave Macmillan, 2017.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This book examines the controversial issue of securitization in a global, historical context. It traces its origins and compares evidence of securitization across countries, linking differences to variations in legal, political, and cultural regimes. By incorporating the history and current status of securitization (including sources of value and risk) with alternative markets and future outlooks for the global market, Buchanan provides an overall assessment of the costs and benefits of securitization in the global economy, particularly in the aftermath of the 2007-2009 financial crisis. The book also offers a roadmap for future research. As financial regulators around the world plan a sweeping overhaul of securitization markets with tough new rules designed to restore market confidence, it is essential to consider the global outlook for securitization.
Physical Description:1 online resource (262 pages)
Bibliography:Includes bibliographical references and index.
ISBN:9781137342874
1137342870