000 01870nam a22002177a 4500
999 _c41497
_d41497
003 PILC
005 20210111120948.0
008 210111b ||||| |||| 00| 0 eng d
020 _a9781108747714
082 _aElb 332.1
_bC79b
100 _aMark Copelovitch
245 _aBank on the brink
_bglobal capital securities markets and the political roots of financial crisis
260 _aNew York
_bCambridge University Press
_c2020
300 _axvii, 232p. ;PDF, 6.54 MB
520 _aThis innovative analysis investigates a complex issue of tremendous economic and political importance: what makes some countries vulnerable to banking crises, while others emerge unscathed? Banks on the Brink explains why some countries are more vulnerable to banking crises than others. Copelovitch and Singer highlight the effects of two variables in combination: foreign capital inflows and the relative prominence of securities markets in the domestic financial system. Foreign capital is the fuel for banks' potentially dangerous behavior, and banks are more likely to take on excessive risks when operating in a financial system with large securities markets. The book analyzes over thirty years of data and provides historical case studies of two key countries, Canada and Germany, each of which explores how political decisions in the 19th and early-20th centuries continue to affect financial stability today. The analyses in this book have crucial policy implications, identifying potential regulations and policies that can work to protect banking systems against future crises.
650 _aBank failures--Case studies
650 _aBanks and Banking--case studies
700 _aDavid A. Singer
856 _uhttps://sic-library.pilc.org.ph/cgi-bin/koha/opac-retrieve-file.pl?id=12a603a1aa34c99dff2b2b98abec4467
_zClick to see E-books (PDF)
942 _2ddc
_cEBOOKS