Author : S. B. Khandare
Publisher : Createspace Independent Pub
ISBN 13 : 9781493621439
Total Pages : 190 pages
Book Rating : 4.6/5 (214 download)
Book Synopsis Historical Perspectives and Incidences of Financial Crises by : S. B. Khandare
Download or read book Historical Perspectives and Incidences of Financial Crises written by S. B. Khandare and published by Createspace Independent Pub. This book was released on 2013-10-30 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial crises and their subset, banking crises, have become worldwide phenomena in recent years. Not only have banking crises occurred in developed countries such as the United States, Japan, and in the Nordic countries, but they have been a feature of the recent economic scene in developing countries as well. In the case of developed countries, banking and financial crises have been costly to the economy, yet the damage that these crises seem to impose on developing countries seems to be far greater than for developed countries. In recent years, the asymmetric information analysis which we have been applying to understanding the structure of the financial system and the rationale for bank regulation has also been used to develop a theory of banking and financial crises. This theory has been created to explain banking and financial crises mostly in the developed country context, particularly for the United States. However, the institutional framework in the U.S. has been quite different from that existing currently in many developing countries, and thus, as we shall SW, this requires some modification to the theory in order to understand the banking and financial crises phenomena in developing countries. Present work is a description, narration and analysis of conceptual framework of the related terms. This is an humble attempt to describe and interrelate the two main terms viz. 'Global Financial Crisis' and 'Historical Perspectove', after considering, referring, studying and relying on various kinds of Reports, (Annual, Bi-annual, Quarterly and Occasional), Research & Working Papers of various national, international, Government and non-government bodies/authorities, various books, Opinions & published Speeches, Articles etc. It would be useful for student, researchers and readers in International Studies, Economics and Banking & Finance. Being a Reference Book Hope will be useful for the readers with expectation that improvement and suggestions will be communicated.