Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
by Charles W. Calomiris
Rating
LanguageEN
Total Pages570 pages
ISBN
9780691155241
Published
2014
Description
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 ...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.
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