"e;Financial Contagion: The Viral Threat to the Wealth of Nations covers a lot of territory. It is, of course, terribly important to analyze case histories to discover potential triggers, mechanisms of transmission, and viable ways to contain the damage of financial contagion. The problem is, as these articles amply demonstrate, that there s always a new virus or a mutation of a former one lurking in some corner of the financial world. We don t know what it is or where it is. And, even if we had some inkling, there s almost never enough time to develop a financial flu shot."e; --SeekingAlpha.com The latest insights on financial contagion and how both nations and investors can effectively deal with it. The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the fact remains that our financial system is not as secure as it should be. Recent years have brought about too many examples of contagion and systemic risk. That is why Financial Contagion is such an important read. In it, the serious concerns that revolve around our fragile economic system are investigated, researched, and explained. Throughout the book, Kolb offers valuable insights on this dilemma as he compiles the history of financial contagion, highlights the latest research on systemic failure and interrelated markets, and analyzes the risks and consequences we face moving forward. Examines the importance of careful regulation and what must be done to stabilize the global financial system Includes contributed chapters from both academics and experienced professionals, offering a variety of perspectives and a rich interplay of ideas Details how close we are to witnessing a financial contagion that could devastate the world economy We have been harshly reminded of how fragile our economic ecosystem is. With Financial Contagion, you'll hold a better understanding of what needs to be done to strengthen our system and safeguard our financial future.

"Financial Contagion: The Viral Threat to the Wealth ofNations covers a lot of territory. It is, of course, terriblyimportant to analyze case histories to discover potential triggers,mechanisms of transmission, and viable ways to contain the damageof financial contagion. The problem is, as these articles amplydemonstrate, that there's always a new virus or a mutation ofa former one lurking in some corner of the financial world. Wedon't know what it is or where it is. And, even if we hadsome inkling, there's almost never enough time to develop afinancial flu shot." --SeekingAlpha.comThe latest insights on financial contagion and how both nationsand investors can effectively deal with it.The domino-style structure in which the financial system existsis a perilous one. Although historically, the financial system hasbeen able to deal with major shocks, the fact remains that ourfinancial system is not as secure as it should be.Recent years have brought about too many examples of contagionand systemic risk. That is why Financial Contagion is suchan important read. In it, the serious concerns that revolve aroundour fragile economic system are investigated, researched, andexplained.Throughout the book, Kolb offers valuable insights on thisdilemma as he compiles the history of financial contagion,highlights the latest research on systemic failure and interrelatedmarkets, and analyzes the risks and consequences we face movingforward.* Examines the importance of careful regulation and what must bedone to stabilize the global financial system* Includes contributed chapters from both academics andexperienced professionals, offering a variety of perspectives and arich interplay of ideas* Details how close we are to witnessing a financial contagionthat could devastate the world economyWe have been harshly reminded of how fragile our economicecosystem is. With Financial Contagion, you'll hold a betterunderstanding of what needs to be done to strengthen our system andsafeguard our financial future.