Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households.
Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues.
Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.
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Spese di spedizione:
EUR 2,00
Da: Irlanda a: Italia
Descrizione libro Condizione: New. 2014. Hardcover. . . . . . Codice articolo V9780691155241
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Descrizione libro Condizione: new. Codice articolo 2f64e80799a40be1c4bb24247164f15c
Descrizione libro Condizione: New. 2014. Hardcover. . . . . . Books ship from the US and Ireland. Codice articolo V9780691155241
Descrizione libro Condizione: New. Codice articolo 20349581-n
Descrizione libro Hardback. Condizione: New. New copy - Usually dispatched within 4 working days. Why are banking systems unstable in so many countries - but not in others? Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, this book demonstrates that chronic banking crises and scarce credit are not accidents due to unforeseen circumstances. Codice articolo B9780691155241
Descrizione libro Condizione: New. Codice articolo 20349581-n
Descrizione libro Hardcover. Condizione: new. New Copy. Customer Service Guaranteed. Codice articolo think0691155240