Managing Financial Risks From Global to Local [Hardcover]

Recent market turmoil, bank runs, global equities sell-off, and the credit crunch have demonstrated the sophisticated and interconnected nature of financial markets today-- seemingly localized problems have quickly spread, putting at risk the solvency of both local and global financial institutions. As these markets are increasingly complex, interconnected, and embedded in the daily lives of individuals, there is a pressing need to unravel and understand the complexities and prospects of this new and transformative social, political, and geographical paradigm.
This book brings together a group of leading scholars from a range of disciplines to formulate a more holistic understanding of financial risk by rooting it in different environments, spatial scales, and disciplines. The result is an all-encompassing exposition of current and future financial risk management practices, possibilities, and problems.

Gordon L. Clark is the Halford Mackinder Professor of Geography, holds a Professorial Fellowship at St Peter's College, and is currently a Senior Research Associate of the Labor and Worklife Program at Harvard Law School. His current research is on pension fund governance focusing upon the competence and consistency of decision-makers and the design of rules and regulations to enhance the investment performance of these crucial institutions (supported by the National Association of Pension Funds and Watson Wyatt). Related work centres on individual financial decision-making in defined contribution plans emphasizing the intersection between cognition and context (supported, in part, by the ESRC, Mercers, and Watson Wyatt). Recent books includeThe Geography of Finance(OUP, 2007) (with Dariusz W?jcik),Pension Fund Capitalism(OUP, 2000), and the co-editedPension Security in the21st Century(OUP, 2003) andThe Oxford Handbook of Pensions and Retirement Income(OUP, 2006). Adam D. Dixon is a PhD candidate in economic gelCÝ