Bank Failures in the Major Trading Countries of the World
Causes and Remedies
Published on 18. June 1998
Book
Hardback
192 pages
978-1-56720-208-3 (ISBN)
Description
Bank failures, near failures, and crises are common throughout the world, and particularly in the major G-10 trading countries, including the United States, Germany, and Japan. But equally common are the bailouts by national governments, when they perceive that bank failure will result in severe economic distress. Gup examines these events, focusing on happenings in the particularly volatile years since 1980, and finds that nonperforming real estate loans, even more than fraud, are the primary cause. His wide-ranging investigation casts doubt on the effectiveness of bank regulation and makes clear that with globalization and emerging technologies, change in regulatory methods is needed. This book is essential for scholars, students as well as professionals in international banking, finance, investment, and world trade.
More details
Language
English
Place of publication
United States
Publishing group
Bloomsbury Publishing Plc
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 15 mm
Weight
455 gr
ISBN-13
978-1-56720-208-3 (9781567202083)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
06/1998
1st Edition
Praeger Publishers Inc
€82.49
Available for download
Person
BENTON E. GUP is Professor in Finance and Chair of Banking at the University of Alabama's College of Commerce, Tuscaloosa. He is known internationally as a lecturer in executive development and as a consultant in finance to government and industry. He is the author or coauthor of several major textbooks in banking, finance, and investment, and his many articles on financial topics have appeared in the major journals of his field.
Content
Introduction Key Concepts Contagion Crises Failure and Near Failure Insolvent Panics Resolution Runs Significant Incidents Systemic Risk Country Analysis: Part I Belgium Canada France Germany Italy Country Analysis: Part II Japan The Netherlands Sweden Switzerland United Kingdom United States Summary of Failures and Near Failures, Resolutions, and Significant Incidents Failures Resolutions Significant Incidents Too Big To Fail: An International Perspective The Doctrine Methods of Intervention Prudential Regulation of Banks: Is it Effective? The Changing Environment Harmonization of Prudential Regulation The Purposes of Regulation Theories of Regulation Problems with Regulatory Structure Regulatory Failures The Cost of Bank Regulation The Evolution of Bank Regulation Conclusion Crisis In Thailand: A Case Study Thailand Growth, Prosperity, and Bubbles Lessons References Appendix: Bank Failures, Systemic Risk, and Bank Regulation References Index