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...

Many economies in the world are characterised by a bank-based financial system, that is, the financial intermediation process is mostly performed by banks. It is therefore critically important to undertake a fully-fledged analysis of the banking sector with respect to financial stability risks....