Capital Adequacy and Liquidity: the Devil is in Their Detail

  • Dimitris N. Chorafas
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)


As Martin Wolf, the Financial Times economist, said on February 5, 2008, ‘unless we learn from this crisis, another one will put the world economy back on to the rocks in the not too distant future’. This is no time for tunnel-visioned ideologies. It is a time for pragmatism based on experience gained through the most recent and previous crises.


Credit Rating European Central Bank Capital Requirement Global Risk Trading Book 
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© Dimitris N. Chorafas 2012

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  • Dimitris N. Chorafas

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