Why Are There so Many Banking Crises? The Politics and Policy of Bank Regulation

"Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises - and the massive financial and social damage they can cause - remain common throughout the world. In Why Are There So Many Banking Crises?, Jean-Charles Rochet makes the case that, although many banking crises are precipitated by financial deregulation and globalization, political interference often causes - and almost always exacerbates - banking crises. His proposals for reforms that could limit the frequency and severity of banking crises should interest a wide range of academic economists and those working for central and private banks and financial services authorities."--BOOK JACKET.Rochet, Jean-Charles is the author of 'Why Are There so Many Banking Crises? The Politics and Policy of Bank Regulation', published 2008 under ISBN 9780691131467 and ISBN 0691131465.