Impact of the Subprime Crisis on Global Financial Markets, Banks and International Trade : A Quest for Sustainable Policies

With the occurrence of the US crisis, international focus has shifted from finance to financial stability. This book offers analyses of financial stability risk assessment at three main levels - namely international financial markets, banks and international trade - with the research being innovative, timely and much needed in terms of policy implications. New approaches to policy-making are also suggested to deal with the three crises that presently buffet the world: the debt crisis, an ageing population and climate change.