The book "Risk Management and Capital Adequacy" discusses how financial institutions can effectively manage market, credit, and operational risks while complying with the Basel Accord guidelines. It emphasizes the importance of integrating and simplifying risk management strategies to minimize capital requirements. The book provides insights into building an integrated risk management framework, complying with Basel Accord requirements, and preventing financial disasters. It covers topics such as modern risk management history, regulatory mechanisms, modeling market and credit risks, and capital adequacy issues. The goal is to help institutions manage risks in a cost-effective and competitive manner.