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Problem with Banks

Language EnglishEnglish
Book Paperback
Book Problem with Banks Timothy Sinclair
Libristo code: 04465530
Publishers Bloomsbury Publishing, May 2012
Banks of all sorts are troubled institutions. The cost of public bail-outs associated with the subpr... Full description
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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 banks? Why do they seem to be at the centre of economic and financial turmoil down through the ages? 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 Problem With Banks 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.

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About the book

Full name Problem with Banks
Language English
Binding Book - Paperback
Date of issue 2012
Number of pages 160
EAN 9781848139381
ISBN 1848139381
Libristo code 04465530
Weight 218
Dimensions 136 x 214 x 12
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