Managing Risk In The New Economy

This is a wake-up call for financial professionals from a world-renowned authority on risk management. Dimitris Chorafas predicts a dire end to the rampant uncertainty created by credit and market meltdowns that have rocked financial institutions and industrial organisations worldwide.

Chorafas not only sounds the wake-up call, but also provides an authoritative blueprint for averting impending financial disasters. Delving into recent examples, Chorafas explains precisely how to avoid similar catastrophes. Investment brokers, financial annalists traders, treasurers and commercial bankers, as well as executives and managers in the financial industry, will value this timely, targeted resource of its clear and crucial lessons.

This comprehensive guide confronts pressing issues, including:
- Risks characterising highly leveraged institutions
- The dangerous game of hiding major losses through derivatives
- Human factors in effective risk management
- The role of technology in the control of exposure
- Common misconceptions surrounding the transfer of risk

Packed with real-world case studies and concrete strategies, 'Managing Risk In The New Economy' is an essential book for all forward thinking professionals.