'This volume truly brings together an interdisciplinary, long-term, financial and legal understanding of financial crises. Contributions from top scholars in the different fields make this a must read for anyone interested in the business and economic development of financial institutions and practices.'
- Bernardo Batiz-Lazo, Bangor University, UK

'This important collection of essays uses the historical experiences of various countries to explore how the increasing complexity of financial systems has magnified the risk of crises. I'm extremely confident that this book will be consulted by scholars in disciplines ranging from law to finance to history. I also sincerely hope that this book will also be read by the public servants responsible for macroprudential regulation and the prevention of future financial crises.'
- Andrew Smith, University of Liverpool Management School, UK

What are the long-term causes and consequences of the global financial crisis of 2007-2008? This book offers a fresh perspective on these issues by bringing together a range of academics from law, history, economics and business to look in more depth at the changing relationships between crises and complexity in the US and UK financial markets.

The contributors are motivated by three main questions:



Is the present financial system more complex than in the past and, if so, why?
To what extent, and in what ways, does the worldwide financial crisis of 2007-2008 differ from past financial crises?
How can governments, regulators and businesses better manage and deal with increased levels of complexity both in the present and in the future?

Students and scholars of finance, economics, history, financial law, banking and international business will find this book to be of interest. It will also be of use to regulators and policymakers involved in the US and UK banking sectors.

Contributors: F. Akinbami, T. T. Arvind, P.H. Bent, M. Billings, I. Bond, R.F. Bruner, A. Campbell, S.D. Carr, M. Casson, J.M. Dahlgreen, J. Foreman-Peck, J. Gray, L. Hannah, M. Hollow, A. Mehedi, D.T. Mitchell, R. Michie, J. Singleton, J. Taylor, R. Tomasic, S. Wilson