For every effect, there is a cause. "Banking on Basel: The Future of International Financial Regulation" is a scholarly examination of the recent events in the world market such as the 2007 Subprime Mortgage Crisis. Discussing the role of regulation in these events, some of the international regulations that have been laid down in recent years and how they have been improved, and how they can be improved in the future, it's everything one needs to know to accurately evaluate today's world market. Enhanced with plenty of charts, graphs, and indexes, "Banking on Basel" is a must for any economist who doesn't fully understand Basel and its consequences.