Warnings of the threat of an impending financial crisis are not new, but do we really know what constitutes an actual episode of crisis and how, once begun, it
“An insider of the European Commission since the late 1980s, Marco Buti is a unique guide through the two crises of the 21st century.” - Giuliano Amato, for
The recent financial crisis has highlighted the need for better valuation models and risk management procedures, better understanding of structured products, an
How do market participants construct stable markets? Why do crises that seem inevitable after-the-fact routinely take market participants by surprise? What forc