This book uniquely argues that true financial stability isn't a fixed state but a continuous process of adaptation in banking policies, risk management, and regulations. It adopts a holistic, systems-thinking approach, acknowledging the interconnectedness of financial institutions and markets. The analysis progresses through core concepts, examines financial regulations across different jurisdictions, explores risk management within financial institutions, and analyzes the role of central banks.
The book uses historical context, empirical data, and case studies to substantiate its arguments, making it a valuable resource for anyone seeking a deeper understanding of the global financial system.