Availability: In Stock

Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises

SKU: 9781108805513

Original price was: $44.99.Current price is: $13.50.

Access Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises Now. Discount up to 90%

Categories: ,

Additional information

Full Title

Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises

Author(s)

Mark Copelovitch, David A. Singer

Edition
ISBN

9781108805513, 9781108489881, 9781108808781

Publisher

Cambridge University Press

Format

PDF and EPUB

Description

This 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.

Availability: In Stock

Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises

SKU: 9781108808781

Original price was: $44.99.Current price is: $13.50.

Access Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises Now. Discount up to 90%

Categories: ,

Additional information

Full Title

Banks on the Brink Global Capital, Securities Markets, and the Political Roots of Financial Crises

Author(s)

Mark Copelovitch, David A. Singer

Edition
ISBN

9781108808781, 9781108489881

Publisher

Cambridge University Press

Format

PDF and EPUB

Description

This 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.