ENGLISH

Who Pays for Bank Insolvency?

By David G. Mayes , Aarno Liuksila (eds.)

Book information

Publisher
Palgrave Macmillan UK
Year
2004
ISBN
978-1-349-51339-0, 978-0-230-52391-3, 47-2004-332-1
DOI
10.1057/9780230523913
Language
english
Format
PDF
Filesize
3 MB (3351854 bytes)
Edition
1
Pages
XIV, 390\399
Time added
2017-04-19 23:43:59
Banking;Macroeconomics/Monetary Economics//Financi

Description

Contributors: Thorsten Beck, Bethany Blowers, Henk Brouwer, Peik Granlund, Christos Hadjiemmanuil, Gerbert Hebbink, Eva H. G. Hüpkes, Eigil Mølgaard, Jón Sigurðsson, Gary H. Stern, Sandra Wesseling, Garry Young (auth.) How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any future banking crises. It shows how political imperatives and legal constraints currently result in economic losses in many countries round the world.

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