{"product_id":"9780309149600-technical-capabilities-necessary-for-reg","title":"Technical Capabilities Necessary for Regulation of Systemic Financial Risk","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eSummary of a Workshop\u003cbr\u003e\u003cp\u003eThe financial reform plans currently under discussion in the United States recognize the need for monitoring and regulating systemic risk in the financial sector. To inform those discussions, the National Research Council held a workshop on November 3, 2009, to identify the major technical challenges to building such a capability. The workshop, summarized in this volume, addressed the following key issues as they relate to systemic risk:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eWhat data and analytical tools are currently available to regulators to address this challenge?\u003c\/li\u003e\n\u003cli\u003eWhat further data-collection and data-analysis capabilities are needed?\u003c\/li\u003e\n\u003cli\u003eWhat specific resource needs are required to accomplish the task?\u003c\/li\u003e\n\u003cli\u003eWhat are the major technical challenges associated with systemic risk regulation?\u003c\/li\u003e\n\u003cli\u003eWhat are various options for building these capabilities?\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBecause every systemic event is unique with respect to its specific pathology—the various triggers and the propagation of effects—the workshop focused on the issues listed above for systemic risk in general rather than for any specific scenario. Thus, by design, the workshop explicitly addressed neither the causes of the current crisis nor policy options for reducing risk, and it attempted to steer clear of some policy issues altogether (such as how to allocate new supervisory responsibilities). More than 40 experts representing diverse perspectives participated in the workshop.\u003c\/p\u003eTable of Contents\u003cbr\u003e\u003cul\u003e\n\u003cli\u003eFront Matter\u003c\/li\u003e\n\u003cli\u003e1  Introduction and Major Outcomes of the Workshop\u003c\/li\u003e\n\u003cli\u003e2  Major Themes of the Workshop Discussions\u003c\/li\u003e\n\u003cli\u003e3  Observations from the Workshop's Keynote Presentations\u003c\/li\u003e\n\u003cli\u003eAppendix A   Letter from Senator Jack Reed to Ralph Cicerone, National Academy of Sciences President\u003c\/li\u003e\n\u003cli\u003eAppendix B   Workshop Participants\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":56075325669750,"sku":"9780309149600","price":20.38,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/stand_35772164.jpg?v=1755798768","url":"https:\/\/www.rarewaves.com\/products\/9780309149600-technical-capabilities-necessary-for-reg","provider":"Rarewaves.com","version":"1.0","type":"link"}