Coupon
Fragile by Design : The Political Origins of Banking Crises and Scarce Credit
by Charles W. Calomiris and Stephen H. Haber


Overview -

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.  Read more...


 
Paperback
  • $19.95
  • 20% off for Members: Get the Club Price
    $ 15.96

Add to Cart + Add to Wishlist

In Stock Online.

FREE Shipping for Club Members
 
> Check In-Store Availability

In-Store pricing may vary

 
 
 
 

More About Fragile by Design by Charles W. Calomiris; Stephen H. Haber
 
 
 
Overview

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.

Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues.

Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.


 
Details
  • ISBN-13: 9780691168357
  • ISBN-10: 0691168350
  • Publisher: Princeton University Press
  • Publish Date: August 2015
  • Page Count: 584
  • Dimensions: 8.4 x 5.7 x 1.6 inches
  • Shipping Weight: 1.15 pounds

Series: Princeton Economic History of the Western World

Related Categories

Books > Business & Economics > Banks & Banking
Books > Business & Economics > Economics - Macroeconomics
Books > Political Science > History & Theory - General

 
BAM Customer Reviews