000 02151nam a2200277Ia 4500
001 8157
008 151006s2014 -us 00 0 eng d
020 _a9781107609860
040 _aPUCESD
_bspa
_erda
082 0 4 _a336
_bT851 2014
090 _aPlanta Baja
100 1 _aTurner, John D.
245 1 0 _aBanking in Crisis. The Rise and Fall of British Banking Stability, 1800 to the Present /
_cJohn D. Turner
250 _a1° Ed.
264 1 _aEstados Unidos de América :
_bCambridge University Press ,
_c2014
300 _a253 páginas ;
_c23 cm.
336 _atxt
337 _an
338 _anc
500 _aFactura Educativa
505 0 _aCan the lessons of the past help us to prevent another banking collapse in the future? This is the first book to tell the story of the rise and fall of British banking stability over the past two centuries, shedding new light on why banking systems crash and on the factors underpinning banking stability. John Turner shows that there have only been two major banking crises in Britain during this time - the crises of 1825–6 and 2007–8. Although there were episodic bouts of instability in the interim, the banking system was crisis free. Why was the British banking system stable for such a long time? And, why did the British banking system implode in 2008? In answering these questions, the book explores the long-run evolution of bank regulation, the role of the Bank of England, bank rescues and the need to hold shareholders to account. -Acknowledgements 1. Introduction: holding shareholders to account 2. Banking instability and risk shifting 3. The evolution of British banking structure and stability since 1800 4. Major and minor British banking crises since 1800 5. Banking stability, shareholder liability and bank capital 6. Averting or creating banking crises? The lender of last resort and bank rescues 7. Banking stability and bank regulation 8. Restoring banking stability: policy and political economy
526 _aAdministración de Empresas, Contabilidad y Auditoría
590 _aNR
650 0 4 _aFINANZAS
942 0 0 _00
_cBK
999 _c207412
_d207412