A critical history of financial crises : why would politicians and regulators spoil financial giants? /

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Bibliographic Details
Author / Creator:Kedar-Levy, Haim, author.
Imprint:London : Imperial College Press, [2016]
Hackensack, NJ : Distributed by World Scientific Publishing Co. Pte. Ltd.
©2016
Description:1 online resource (208 pages)
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12482160
Hidden Bibliographic Details
ISBN:9781908977472
1908977477
9781908977465
1908977469
Notes:Includes bibliographical references and index.
Print version record.
Summary:"While each financial crisis is unique and has its own special features, there are a lot of similarities in the dynamics leading to a crisis and also in their resolutions. Some of the financial crises are caused by the lack of appropriate regulation, but often the regulators were ignoring the signals of imminent crises, while serving implicitly or explicitly, the financial industry. In his book, Prof. Kedar-Levy is providing a fresh look at many famous financial crises around the globe, analysing their causes and effects. The special role of regulators is highlighted, including the "Capture Theory" in practice. This book is suitable for economist as well as for those interested in economic history, and for all those concerned with the stability of current international financial markets. Professor Dan GalaiThe Hebrew University, Jerusalem"--
Other form:Print version: Kedar-Levy, Haim. Critical history of financial crises. Covent Garden, London : Imperial College Press ; Hackensack, NJ : Distributed by World Scientific Publishing Co. Pte. Ltd., [2016] 9781908977465
Standard no.:99972594350
Table of Contents:
  • What are bubbles and financial crises?
  • Key properties of the financial system and financial securities
  • Commercial banking and banking crises
  • The Roaring Twenties and the US bubble of 1929
  • The 'Great Depression' in the US
  • The crisis of confidence in corporate America, 2001-2004
  • The Internet bubble
  • When banks manipulate their stock prices: Israel's systemic banking crisis
  • The tequila crisis and its hangover
  • Japan and the East Asian Tigers
  • The US real estate bubble
  • Incentives, regulatory capture and collapse
  • Shadow banking, the collapse of investment banking and the rescue of AIG
  • New regulations
  • Global implications of the credit crisis
  • Regulatory capture and corruption vs. integrity and stability.