Synopses & Reviews
Post-suburbia is a term that encapsulates a variety of contemporary urban forms, in particular the 'edge city' - a term used to describe the rapid growth of new urban centres at the edges of established major cities. Widely discussed in the US, very little has been written about European edge cities and this book provides a comparative analysis of examples in Greece, Spain, Paris, Finland and the UK, offering a theoretical analysis of the edge city and of post-suburban Europe.
Synopsis
The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.
About the Author
IMAD MOOSA is currently Professor of Finance at Monash University, Australia. Prior to becoming an academic he was a professional economist and a financial journalist and he also worked as an economist at the IMF. Professor Moosa has published 9 books and over 150 papers in international journals. He has served in a number of advisory positions, including his role as an economic advisor to the U.S. Treasury.
Table of Contents
Preliminary Concepts and Issues
From Basel I to Basel II: A Great Leap Forward?
Operational Risk: Definition, Features and Classification
The Advanced Measurement Approach to Operational Risk
Theoretical and Empirical Studies of Operational Risk
Monte Carlo Simulation: Description and Examples
Operational Risk: Where Do We Stand?