Systemic risk in banking ecosystems

Andrew G. Haldane and Robert M. May ()
Additional contact information
Andrew G. Haldane: Bank of England
Robert M. May: Oxford University

Nature, 2011, vol. 469, issue 7330, 351-355

Abstract: Crash test: can ecological theory save the markets? In a Perspective review, Andrew Haldane, executive director for financial stability at the Bank of England, and ecologist Robert May look at the nature of risk that led to the recent global crisis in the international banking system. Utilizing tools more often used to analyse ecological food webs and the spread of infectious diseases, they conclude that there are lessons to be learned from the exercise that could inform future public policy decisions.

Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (421)

Downloads: (external link)
https://www.nature.com/articles/nature09659 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nat:nature:v:469:y:2011:i:7330:d:10.1038_nature09659

Ordering information: This journal article can be ordered from
https://www.nature.com/

DOI: 10.1038/nature09659

Access Statistics for this article

Nature is currently edited by Magdalena Skipper

More articles in Nature from Nature
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().