[DOWNLOAD] "Banks on the Brink" by Mark Copelovitch & David A. Singer " Book PDF Kindle ePub Free
eBook details
- Title: Banks on the Brink
- Author : Mark Copelovitch & David A. Singer
- Release Date : January 20, 2020
- Genre: Political Science,Books,Politics & Current Events,
- Pages : * pages
- Size : 10987 KB
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.