Last years, policy makers, regulators and academics have been exploring questions related to financial stability, systemic risk and regulation. This special book addresses answers of these difficult questions. I expect that this special book will shed light on some of the challenges to stability of global financial system.

Thus, the goal of this book is to encourage the exchange of new ideas about challenges in global trends in finance in the view of wide aspects of current critical perspective of financial system evolution. The target audience for this publication is academics, researchers and policy makers engaged in various disciplines such as evolution of the financial system, empirical financial analysis, macro and micro economic, including banking, currency and capital market, financial market liberalization and regulation, risk measurement & management, etc.