Bank Failures in the Major Trading Countries of the World
Causes and Remedies
1st Edition
Published on 18. June 1998
192 pages
978-0-313-00790-3 (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
Edition
1. Auflage
Language
English
Place of publication
New York
United States
Publishing group
Bloomsbury Publishing Plc
Target group
Interest Age: From 7 to 17 years
ISBN-13
978-0-313-00790-3 (9780313007903)
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
Book
06/1998
Praeger Publishers Inc
€99.10
Shipment within 3-4 weeks
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
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
