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The Problem with Banks PDF

153 Pages·2012·1.149 MB·English
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by Lena Rethel; Timothy J. Sinclair| 2012| 153 pages| 1.149| English

About The Problem with Banks

Banks of all sorts are troubled institutions. The cost of public bail-outs associated with the subprime crisis in the United States alone may be as high as US$5 trillion. What is the problem with banksŒ Why do they seem to be at the centre of economic and financial turmoil down through the agesŒ In this provocative and timely book, Rethel and Sinclair seek answers to these questions, arguing that banks suffer from perennial problems, and that developments in the financial markets and government in recent decades have simply exacerbated these issues.The book examines banking activity in America, Asia and Europe, and how specific historical circumstances have transformed banks' behaviour and attitude to risk. While many see government as a constraint on banks, Sinclair and Rethel argue that what governments do in terms of regulation shapes banks and their motivations, as can be seen in the shortcomings of current reform proposals. Instead, more far-reaching, alternative ways of regulating and shaping banks are needed.A concise, essential overview of a pressing global issue.

Detailed Information

Author:Lena Rethel; Timothy J. Sinclair
Publication Year:2012
ISBN:9781848139381
Pages:153
Language:English
File Size:1.149
Format:PDF
Price:FREE
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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.