The Doom Loop in the Financial Sector is popular PDF and ePub book, written by William Leiss in 2011-02-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Doom Loop in the Financial Sector can be Read Online from any device for your convenience.
The Doom Loop in the Financial Sector Book PDF Summary
In the past two years, the world has experienced how unsound economic practices can disrupt global economic and social order. Today’s volatile global financial situation highlights the importance of managing risk and the consequences of poor decision making. The Doom Loop in the Financial Sector reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. Using the current financial crisis as a case study, renowned risk expert William Leiss engages with the new concept of “black hole risk” — risk so great that estimating the potential downsides is impossible. His risk-centred analysis of the lead-up to the crisis reveals the practices that brought it about and how it became common practice to use limited risk assessments as a justification to gamble huge sums of money on unsound economic policies. In order to limit future catastrophes, Leiss recommends international cooperation to manage black hole risks. He believes that, failing this, humanity could be susceptible to a dangerous nexus of global disasters that would threaten human civilization as we know it.
Detail Book of The Doom Loop in the Financial Sector PDF
- Author : William Leiss
- Release : 01 February 2011
- Publisher : University of Ottawa Press
- ISBN : 9780776619279
- Genre : Business & Economics
- Total Page : 187 pages
- Language : English
- PDF File Size : 14,8 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book The Doom Loop in the Financial Sector by William Leiss, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.