Predictable and Avoidable: Repairing Economic Dislocation and Preventing the Recurrence of Crisis

Much has been said and written about the 'financial tsunami' and economic dislocation that occurred in the opening decade of the 21st Century. In Predictable and Avoidable, Professor Dr Ivo Pezzuto offers an independent and unbiased analysis of the financial crises and one of the first fully considered expositions of the financial, governance and regulatory reforms needed for the future.With personal interviews involving selected global thought leaders and industry experts, the narrative focuses on the technical issues that led to global crisis and the human, cultural, and ethical aspects of the events. It exposes the root causes and demonstrates that the crisis we have seen was predictable and should have been avoidable, and that a recurrence can be avoided, but only if lessons are learned and the right action taken in relation to the banking and finance industries and to supervisory frameworks and regulatory mechanisms.

About the Author

Dr Ivo Pezzuto is a professor of business administration and a management consultant. He holds a BS degree in business administration from NYU Stern School of Business (USA), an MBA degree from SDA Bocconi School of Management (ITALY), and a DBA degree from SMC University (SWITZERLAND) on corporate governance. He teaches courses at undergraduate, graduate, and doctoral levels and specializes in corporate education and executive seminars. He is professor of business administration at SMC University in Zurich; Fondazione ISTUD Business School in Baveno; Universitş Cattolica del Sacro Cuore of Milan; and guest lecturer at MIP School of Management of Politecnico di Milano. Prior to his academic career he was Senior Manager in Accenture, Head of Product Development and Portfolio Management for American Express Europe, and more recently Vice President (Credit Cards Division - Europe) for Diners Club. He has authored many journal articles and contributed to a number of books.