{"product_id":"9783032289056","title":"Structural Change and Competitive Dynamics in Global Financial Markets The Catalytic Role of Two Crises","description":"\u003ch1\u003eStructural Change and Competitive Dynamics in Global Financial Markets\u003c\/h1\u003e\u003ch2\u003eThe Catalytic Role of Two Crises\u003c\/h2\u003e\u003ch3\u003eMehmed Ganić\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003eThis book examines how major shocks—the 2008 Global Financial Crisis and the COVID‑19 pandemic—accelerated long‑running shifts in international finance, from the rise of Asia’s capital markets to tighter banking regulation and the rebalancing of global capital flows. Bringing together comparative evidence on international financial centres, external balance sheets, and market microstructure, the book traces changes in equity and fixed‑income issuance, the expansion of corporate bond finance, and currency trading dynamics since 2000.\u003c\/p\u003e\n\u003cp\u003eChapters survey the evolution of the Basel Capital Accord (Basel I–III) and the debate around the so‑called “Basel IV” output‑floor reforms; analyze asymmetric resilience and global imbalances; and assess BIS‑based trends in FX turnover and instrument composition, including the growing role of swaps and the renminbi. Across regions, the book highlights how regulatory convergence, market depth, breadth, and volatility have reshaped competitive positioning between established Western hubs and emerging Asian centres.\u003c\/p\u003e\n\u003cp\u003eWritten for scholars and advanced students of international finance, macro‑finance, and global capital markets, as well as policy practitioners, the book offers an empirically grounded synthesis that connects structural change to crises‑driven policy responses and the organisation of global markets. It provides updated datasets through 2023 and integrated analysis across banking regulation, foreign exchange, and corporate debt, offering measured insights without overstating novelty or reach.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e\u003cp\u003e\u003cstrong\u003eMehmed Ganić\u003c\/strong\u003e is Full Professor of Economics at the International University of Sarajevo. His research spans macro‑finance, international finance, applied econometrics, and financial integration, with industry experience in securities regulation. He is the author of \u003cem\u003eFinancial Globalization in the Emerging Balkans\u003c\/em\u003e (Palgrave Macmillan) and has published widely on capital flows, financial development, and macroprudential policy.\u003c\/p\u003e\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e19 August 2026\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eSpringer Nature Switzerland\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003ePalgrave Macmillan\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9783032289056\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e118\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Springer Nature Switzerland","offers":[{"title":"Default Title","offer_id":49493435711628,"sku":"9783032289056","price":40.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783032289056.jpg?v=1781089524","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783032289056","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}