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Predictable and Avoidable

Predictable and Avoidable 2

Repairing Economic Dislocation and Preventing the Recurrence of Crisis

by Ivo Pezzuto
Hardback
Publication Date: 14/11/2013
5/5 Rating 2 Reviews

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Much has been said and written about the 'financial tsunami' and subsequent economic dislocation that occurred in the opening decade of the 21st Century. Professor Ivo Pezzuto is described by business scholars as an expert on the global financial crisis. He has lectured about it at conferences and seminars; written some of the most read and quoted papers; contributed to what is considered the most authoritative book on the subject; and to one of the best known US-based blogs dealing with it. In Predictable and Avoidable, Dr Pezzuto offers business school students; academics; and industry experts in the fields of finance, risk management, audit, corporate governance, economics, and regulation, a truly independent and unbiased analysis of the financial crises starting in 2007 and one of the first fully considered expositions of the financial, governance and regulatory reforms needed for the future. Augmented with personal interviews involving selected global thought leaders and industry experts, the author's narrative focuses on the technical issues that led to the global crisis, but also addresses the human, cultural, and ethical aspects of the events from both sociological and managerial perspectives. The book exposes the root causes and contributes significantly to the debate about the change needed in the banking and finance industries and to supervisory frameworks and regulatory mechanisms. This analysis enables readers to understand that the crisis we have seen was predictable and should have been avoidable, and that a recurrence can be avoided, if lessons are learned and the right action taken.
ISBN:
9781409454458
9781409454458
Category:
Finance
Format:
Hardback
Publication Date:
14-11-2013
Publisher:
Taylor & Francis Ltd
Country of origin:
United Kingdom
Pages:
438
Dimensions (mm):
246x174x35mm
Weight:
0.94kg

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2 Reviews

It's an amazing, unique, and revealing book! A must read. The most powerful, fact-based and independent analysis on the root causes of the 2007 - 2009 financial crisis and its aftermath. It includes also a very insightful chapter dedicated to interviews with prominent "thought leaders" on the topic of the financial crisis aiming to envision more resilient and sustainable corporate governance frameworks and financial regulations to prevent new systemic crises in the future. The suggestions provided in this book have a profound ethical content and value. I would recommend it to anyone who wants to master the important economic, financial and cultural events of our time and definitely to those who want to learn more on this topic from an emerging outstanding visionary "thought leader" and a brilliant author.

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In this book the author has demonstrated excellent skills of analysis and reconstruction of the events and causes that led to the biggest economic and financial crisis of our time and made it understandable what appeared complex. The interviews with the "global thought leaders" are outstanding. The reading is curious and passionate and the suggestions provided have a profound ethical content and value. I would recommend it to anyone who wants to be kept informed of important events and definitely wants to deal with an outstanding professional and a definitely world class author.

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