Charles W. Calomiris

Fragile by Design: The Political Origins of Banking Crises and Scarce Credit

Buch

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 due to unforeseen circumstances. Rather, these fluctuations result from the complex ba… Mehr

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Produktdetails

Weitere Autoren: Haber, Stephen H.

ISBN: 978-0-691-15524-1
EAN: 9780691155241
Produktnummer: 15380174
Verlag: Princeton Univ Pr
Sprache: Englisch
Erscheinungsjahr: 2014
Seitenangabe: 570 S.
Masse: H24.4 cm x B16.7 cm x D4.1 cm 937 g
Reihenbandnummer: 50
Gewicht: 937

Über den Autor

Charles W. Calomiris is a professor at Columbia Business School and Columbia's School of International and Public Affairs. Stephen H. Haber is a professor of political science and senior fellow of the Hoover Institution at Stanford University.