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When Systems Create Crises

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

Even though the American subprime crisis of 2007 took many people by surprise, financial and banking crises are not new phenomena. They have occurred in most developed and developing countries for centuries. Because bank failures threaten the financial stability of an economy as well as spread economic uncertainty generally, banking crises are of great concern to policymakers. When Systems Create Crises discusses the role political institutions play in creating banking crises. Through the presentation of four case studies covering banking crises in the United States and Japan from the 1920s to the 1990s, Øren argues that similar institutional developments are present in each case. Increased competition in capital markets and the loosening of financial regulation have characterized the political institutions in the periods leading to crises. This book stresses the importance of developing proper political institutions in order to prevent future crises.

Product Specifications
SKU :COC49062
AuthorLars Kristian Øren
LanguageEnglish
BindingPaperback
Number of Pages120
Publishing Year2010-09-24T00:00:00.000
ISBN978-3843353717
Edition1 st
Book TypePolitical science & theory
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-04-08 00:00:00