Bank Failures in the Major Trading Countries of the World: Causes and Remedies

Gup, Benton E.

ISBN 10: 156720208X / ISBN 13: 9781567202083

Published by Quorum, 1998

About this Item

Hardcover. Good binding and cover. Library stamps and markings. Ships daily.

Seller Inventory # 1707280028

Bibliographic Details

• Title: Bank Failures in the Major Trading Countries of the World: Causes and Remedies
• Publisher: Quorum
• Publication Date: 1998
• Language: English
• ISBN 10: 156720208X
• ISBN 13: 9781567202083
• Binding: Hardcover
• Condition: Good
• Weight: 16 ounces
• Seller catalogs:
  • Business and Economics

About this title

Synopsis

Bank failures, near failures, and crises are common throughout the world, and particularly in the major G-10 trading countries, including the United States, Germany, and Japan. But equally common are the bailouts by national governments, when they perceive that bank failure will result in severe economic distress. Gup examines these events, focusing on happenings in the particularly volatile years since 1980, and finds that nonperforming real estate loans, even more than fraud, are the primary cause. His wide-ranging investigation casts doubt on the effectiveness of bank regulation and makes clear that with globalization and emerging technologies, change in regulatory methods is needed. This book is essential for scholars, students as well as professionals in international banking, finance, investment, and world trade.

About the Author

BENTON E. GUP is Professor in Finance and Chair of Banking at the University of Alabama's College of Commerce, Tuscaloosa. He is known internationally as a lecturer in executive development and as a consultant in finance to government and industry. He is the author or coauthor of several major textbooks in banking, finance, and investment, and his many articles on financial topics have appeared in the major journals of his field.