Securitization and the Global Economy

History and Prospects for the Future
1. Auflage 2017
ISBN: 978-1-137-34972-9
Verlag: Palgrave Macmillan

Buch, Englisch, 251 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 4552 g

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, benefits, and sustainability 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.

Autoren/Hrsg.

Buchanan, Bonnie G.

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Immobilienwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie

Inhaltsverzeichnis

1. Securitization and the Way We Live Now.- 2. What History Informs Us about Securitization.- 3. Beyond Mortgage-Backed Securities.- 4. Securitization and Risk Transfer.- 5. Securitization in Emerging Markets.- 6. Covered Bonds and Islamic Securitization.- 7. Reforming the Global Securitization Market.- 8. Conclusion.

Über Autor(innen)

Bonnie G. Buchanan is the Howard Bosanko Professor of Economics and Finance at the Albers School of Business and Economics, Seattle University, USA. She was previously the George Albers Professor and the Director for the Professional MBA program. Buchanan is the Editor in Chief of the Journal of Risk Finance.