Author: Publisher:
ISBN: 9782296935136
Category :
Languages : en
Pages :
Book Description
Credit, Destabilisation Et Crises
Author: Crédit, déstabilisation et crises
Author: Cristina PeicutiPublisher: Editions L'Harmattan
ISBN: 2296259480
Category : Business & Economics
Languages : fr
Pages : 255
Book Description
Le cocktail explosif de la crise des subprimes a jeté un coup de projecteur sur une institution traditionnellement discrète. Après avoir déstabilisé le système financier global, comment les banques peuvent-elles se racheter une conduite ? Dans une Amérique et une Europe endettées, quelles sont les solutions alternatives à la titrisation capables de financer l'investissement productif ? Quelle réglementation est nécessaire pour remettre les banques au service de la croissance de l'économie réelle ?
Of Banks And Crises
Author: Cristina PeicutiPublisher: World Scientific
ISBN: 1800615639
Category : Business & Economics
Languages : en
Pages : 171
Book Description
'It is a familiar remark that only 'the rich can borrow,' and the experience of every day seems to prove it. Yet the poor also may have need of credit, even more than the rich. How, then, can they obtain it? This problem is easily solved by cooperation. An isolated laborer or artisan, no matter how honest or industrious he may be, cannot furnish sufficient guarantee for a loan. Sickness, loss of work, and death, may at any time overtake him and make it impossible, despite his best intentions, to pay back what he has borrowed. But if laborers or artisans to the number of ten, a hundred, or a thousand, are grouped in an organization, and held together, if need be, by the ties of collective responsibility, the security they have to offer will be considerably greater, and they will find it much easier to obtain credit without falling into the hands of usurers. The dues which are paid to such an organization, moreover, will ultimately build up to a large amount of capital which the organization can lend to its members.'Charles GidePrinciples of Economic Policy (1984), Boston USA: DC Heath & Co, publishers translated by C Williams A VerditzA professor of economics, who predicted the subprime mortgage crisis in her doctoral thesis at the Sorbonne between 2006 and 2009, and the general secretary of a major bank analyse the role of banks in triggering the Great Depression and the Great Recession, as well as in helping companies out of the COVID-19 crisis and into the New Environmental Cycle. The book focuses on the dynamics of financial crises that led to the Second World War, Brexit and Donald Trump's presidency. It also chronicles the metamorphosis of the banking profession over the centuries and its reinvention by cooperative banks by and for their customers.
Decoding Economic Crises
Author: Cristina PeicutiPublisher: World Scientific
ISBN: 1800615124
Category : Business & Economics
Languages : en
Pages : 147
Book Description
Constantly bandied about, 'crisis' has tended to be a much-overused word. Understanding the economy and its future challenges requires a detailed and precise analysis of what an economic crisis is. This book sets out to do just that. It first provides a deep historical context of what economic theory says about crises and their perpetual return in the form of a cycle. It then looks at what lessons might be learned from such cycles. Since 1945, the world economy has been dominated by the United States, so an analysis of recent crises must necessarily consider public policy response in this country. Decoding Economic Crises attempts to answer the question of whether American leadership has emerged unscathed from the damage inflicted by the 1975, 1992, 2009 and 2020 recessions and their legacies of debt.Looking forward to the future, there is a particular focus on environmental change. The book interrogates whether devastating crises might ensue, reminiscent of the 'nutritional trap' theorised by Nobel Prize winner Angus Deaton. Finally, Decoding Economic Crises asks if there will be a return to times of extreme scarcity as seen prior to the mid-18th century.
Systemic and Borderline Banking Crises
Author: Irakli KovzanadzePublisher: iUniverse
ISBN: 145023061X
Category : Business & Economics
Languages : en
Pages : 221
Book Description
In Systemic and Borderline Banking Crises, a well-respected doctor of economic sciences shares his comprehensive analysis of the genesis and growth of the systemic banking crisis in many countries, providing a useful resource for students, lecturers, and bankers who wish to broaden their study of economics. Irakli Kovzanadze is an economics professor who possesses more than twenty years of professional experience in the banking institutions of Georgia, other post-Soviet countries, and Europe. While presenting a summary of both the theoretical and practical approaches, addressing the causes and progression, and providing ways to forecast and prevent future banking crises, Dr. Kovzanadze delves into a series of related topics including: Types and forms of manifestation Role of monetary and credit policies in averting and overcoming a crisis Systemic banking crises in other countries and transitional economies Function of regulations and how they can create a sustainable banking system Principles of establishing a deposit insurance system in Georgia This study relies on research material reflective of the experiences of different countries and regions of the world to provide not only an in-depth look at Georgias current banking challenges, but also the ways to prevent a future crisis.
Author: Publisher: Editions Bréal
ISBN: 2749525675
Category :
Languages : en
Pages : 275
Book Description
The 1772–73 British Credit Crisis
Author: Paul KosmetatosPublisher: Springer
ISBN: 3319709089
Category : Business & Economics
Languages : en
Pages : 351
Book Description
Nowadays remembered mostly through Adam Smith’s references to the short-lived Ayr Bank in the Wealth of Nations, the 1772-3 financial crisis was an important historical episode in its own right, taking place during a pivotal period in the development of financial capitalism and coinciding with the start of the traditional industrialisation narrative. It was also one of the earliest purely financial crises occurring in peacetime, and its progress showed an impressive geographical reach, involving England, Scotland, the Netherlands and the North American colonies. This book uses a variety of previously unpublished archival sources to question the bubble narrative usually associated with this crisis, and to identify the mechanisms of financial contagion that allowed the failure of a small private bank in London to cause rapid and severe distress throughout the 18th century financial system. It re-examines the short and turbulent career of the Ayr Bank, and concludes that its failure was the result of cavalier liability management akin to that of Northern Rock in 2007, rather than the poor asset quality alleged in existing literature. It furthermore argues that the Bank of England’s prompt efforts to contain the crisis are evidence of a Lender of Last Resort in action, some thirty years before the classical formulation of the concept by Henry Thornton.
The Origin of Financial Crises
Author: George CooperPublisher: Vintage
ISBN: 0307473457
Category : Business & Economics
Languages : en
Pages : 210
Book Description
In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of today's economic philosophy and adds a compelling analysis of the forces behind economic crisis. His goal is nothing less than preventing the seemingly endless procession of damaging boom-bust cycles, unsustainable economic bubbles, crippling credit crunches, and debilitating inflation. His direct, conscientious, and honest approach will captivate any reader and is an invaluable aid in understanding today's economy.
International Organisations and Global Problems
Author: Susan ParkPublisher: Cambridge University Press
ISBN: 1108577598
Category : Political Science
Languages : en
Pages : 329
Book Description
International organisations (IOs) are considered fundamental in addressing global problems, but how effective are they? Conflict (war), human rights, global health, financial governance, international trade, regionalisation, development and the environment are all issues that international organisations have been created to address. This book looks at these eight key issue areas and guides the reader through an analysis of the successes and failures of international organisations in solving issues in global politics. With an introduction to international relations theory, it incorporates the best and most up-to-date scholarly research, and applies it to examples from around the world to show how to answer the question, 'Are IOs a help or a hindrance?' This textbook is an essential resource for courses on global governance, international organisations and international relations. Including an expanded further reading list for each global issue, as well as a thorough bibliography of the most up-to-date research, this is a resource that will be useful during study and on into the future.
Governance of Global Financial Markets
Author: Emilios AvgouleasPublisher: Cambridge University Press
ISBN: 0521762669
Category : Business & Economics
Languages : en
Pages : 501
Book Description
Analyses governance structures for international finance, evaluates current regulatory reforms and proposes a new governance system for global financial markets.