This book examines the controversial issue of securitization in a global, historical context. It traces its origins and compares evidence of securitization across countries, linking differences to variations in legal, political, and cultural regimes. By incorporating the history and current status of securitization (including sources of value and risk) with alternative markets and future outlooks for the global market, Buchanan provides an overall assessment of the costs, benefits, and sustainability of securitization in the global economy, particularly in the aftermath of the 2007-2009 financial crisis. The book also offers a roadmap for future research. As financial regulators around the world plan a sweeping overhaul of securitization markets with tough new rules designed to restore market confidence, it is essential to consider the global outlook for securitization.

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Seattle, USA

Bonnie G. Buchanan

About the author

Bonnie G. Buchanan is the Howard Bosanko Professor of Economics and Finance at the Albers School of Business and Economics, Seattle University, USA. She was previously the George Albers Professor and the Director for the Professional MBA program. Buchanan is the Editor in Chief of the Journal of Risk Finance.

Bibliographic Information

Book Title: Securitization and the Global Economy
Book Subtitle: History and Prospects for the Future
Authors: Bonnie G. Buchanan
DOI: https://doi.org/10.1057/978-1-137-34287-4
Publisher: Palgrave Macmillan New York
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-1-137-34972-9Published: 30 December 2016
eBook ISBN: 978-1-137-34287-4Published: 29 December 2016
Edition Number: 1
Number of Pages: XVII, 251
Number of Illustrations: 42 b/w illustrations
Topics: Risk Management, Business Finance, Finance, general, Financial History, Economic Policy, Real Estate Management

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Table of contents (8 chapters)

Front Matter

Back Matter

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