Anonymous shelf assessment
Financial Contagion
Shelf score 7.0 / 10
On Financial Contagion · Donald Kaufman · Michael Scott · John Wiley & Sons
Published 23 March 2026
This work explores the mechanisms of financial contagion and their implications for policy.
Overview
Published in 2003 by John Wiley & Sons, 'Financial Contagion' by Donald Kaufman and Michael Scott provides an intermediate-level analysis of crisis dynamics and spillover effects in financial markets. The book focuses on the mechanisms of contagion and the necessary policy responses to mitigate risks associated with financial crises.
Targeted towards risk managers, policy makers, and regulators, this text offers insights into the analytical frameworks that underpin financial contagion. It is particularly relevant for those involved in crafting policies to address systemic risks in financial systems, making it a valuable resource for central bankers and other financial authorities.
By area & interest
Crisis Dynamics
The book delves into the dynamics of financial crises, examining how crises can spread across markets and institutions.
Policy Responses
It highlights the importance of effective policy responses in managing and mitigating the impacts of financial contagion.
Target Audience
Designed for an audience of risk managers, policy makers, and regulators, the text is suitable for those seeking a deeper understanding of financial risk management.
Basis of this assessment
The assessment is based on the catalogue description and notes regarding the book's strengths and limitations.
Strengths
The book provides a focused analysis of contagion mechanisms with a strong emphasis on policy implications, making it a useful resource for practitioners in the field.
Limitations
Its academic-heavy approach may limit accessibility for readers seeking a more practical or simplified overview of the subject.
Ideal reader
Ideal readers include policy makers, central bankers, and risk managers looking for a comprehensive understanding of financial contagion and crisis management.