Overview

The increasing interdependence of the world economy has huge implications for global finance in the 21st century. This volume brings together leading scholars and practitioners to offer in-depth analyses of the new direction open to the financial services industry. They explore the challenges and opportunities of the new finance era, future development in financial markets, with particular emphasis on the role of new technologies and the industry's view of strengthening financial intermediation. The book concludes with an assessment of key managerial and regulatory issues.

Full Product Details

Author:   Z. Mikdashi ,  Jean-Pierre Roth
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Dimensions:   Width: 14.00cm , Height: 2.50cm , Length: 21.60cm
Weight:   0.586kg
ISBN:  

9780333802014

ISBN 10:   0333802012
Pages:   315
Publication Date:   08 August 2001
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

List of Tables List of Figures Acknowledgements Foreword; J.P.Roth Notes on the Contributors INTRODUCTORY ESSAY Financial Intermediation in the Age of Global Capital; G.L.Perlin PART ONE: THE NEW FINANCE ERA: CHALLENGES AND OPPORTUNITIES Banking in the 21st Century: The View from Deutsche Bank; R.E.Breuer The Internet and the Commercial Banking Industry: Strategic Implications from a U.S. Perspective; W.C.Hunter Three Imperatives to Foster as a Financial Institution in the Euro-era; J.Huyghebaert Integrating Risk Management and Capital Management; P.Shimpi IT and the Pressure to Innovate and Restructure; L.H.Thunell PART TWO: FINANCIAL MARKETS: FUTURE DEVELOPMENTS Global Finance Beyond 2000: SWX Swiss Exchange's Challenge; A.Hunziker-Ebneter Online Trading Changes the Capital Markets; M.Leclerc ABB as a Major User of Financial Markets; J.Roxendal The Transformation of Stock Exchanges in Europe; D.P.Tirez & T.Verhoest Hong Kong Financial Centre; A.Tsui PART THREE: REGULATORY/SUPERVISORY AUTHORITIES: STRENGTHENING FINANCIAL INTERMEDIATION The Basic Capital Requirements: A First Step Towards Regulation; A.Crockett New Tools and Risks in Financial Intermediation in Emerging Markets: Should Regulators and Raters Adopt New Methods? The Case of Asia; P.F.Delhaise The Role of the Financial Stability Institute of the Bank for International Settlements; J.G.Heimann Switzerland and the Challenges of Globalization; B.Hentsch Does the World Need a New Financial Architecture?; L.Mühlemann A View from an Emerging Economy; A.M.Negm Japan's Financial System; M.Wakatsuki PART FOUR: ACADEMICS' AND RESEARCHERS' VANTAGE POINTS Rethinking the African Financial Markets' Architecture in the Era of Globalization; K.Adjaoute Banking Regulation: Administrative Rules Versus Market Based Instruments; R.Bichsel Credit Risk: The New Frontier in Risk Management; D.Cossin Banking: Is Bigger Really Better?; J.P.Danthine Turbulence, Crisis and Risk Management; S.Neftci On the Quest of the OptimalPortfolio; N.Tuchschmid CONCLUDING ESSAY Whither Financial Intermediation? Managerial and Regulatory Issues: Z.Mikdashi Index

Reviews

'The book provides an excellent treatment of the competitive forces faced by financial intermediaries at the outset of the 21st century, as well as the challenges they involve and the opportunities they entail. [...] I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision-makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Thunderbird International Business Review 'I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Francois-Serge Lhabiitant, ThunderBird International Business Review

'The book provides an excellent treatment of the competitive forces faced by financial intermediaries at the outset of the 21st century, as well as the challenges they involve and the opportunities they entail. [...] I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision-makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Thunderbird International Business Review 'I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Francois-Serge Lhabiitant, ThunderBird International Business Review

'The book provides an excellent treatment of the competitive forces faced by financial intermediaries at the outset of the 21st century, as well as the challenges they involve and the opportunities they entail. [...] I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision-makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Thunderbird International Business Review 'I would definitely recommend this book to a wide array of readers: finance professionals, policy and decision makers, students, and more generally, to anyone interested in the future of financial systems and in financial intermediation, in particular.' - Francois-Serge Lhabiitant, ThunderBird International Business Review

Author Information

ZUHAYR MIKDASHI is Professor at the Graduate School of Management and Economics, University of Lausanne, Switzerland. A former Consultant at the World Bank and Elected, Expert-Advisor at the United Nations Centre on Transnational Corporations (New York). AE(00): Foreword by JEAN-PIERRE ROTH

Tab Content 6

Author Website:  

Countries Available

All regions