The new financial order : risk in the 21st century /
"In his best-selling Irrational Exuberance, Robert Shiller cautioned that society's obsession with the stock market was fueling the volatility that has since made a roller coaster of the financial system. Less noted was Shiller's admonition that our infatuation with the stock market d...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Princeton, N.J. :
Princeton University Press,
©2003.
|
| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |
Table of Contents:
- Introduction: Promise of economic security. Economic risks in an advancing world. What the world might gave looked like since 1950 ; Hidden problem of economic risk ; Why new technology creates risks ; Forty thieves : the many kinds of economic risks
- How science and technology create new opportunities in finance. New information technology applied to risk management ; Science of psychology applied to risk management ; Nature of invention in finance
- Six ideas for a new financial order. Insurance for livelihoods and home values ; Macro markets : trading the biggest risks ; Income-linked loans : reducing the risks of hardship and bankruptcy ; Inequality insurance: protecting the distribution of income ; Intergenerational social security : sharing risks between young and old ; International agreements for risk control
- Deploying the new financial order. Global risk information databases ; New units of measurement and electronic money ; Making the ideas work: Research and advocacy
- The new financial order as a continuation of a historical process. Lessons from major financial inventions ; Lessons from major social insurance inventions ; Epilogue: Model of radical financial innovation.