Who Pays for Bank Insolvency?
D Mayes editor A Liuksila editor
Format:Hardback
Publisher:Palgrave USA
Published:19th Dec '03
Currently unavailable, and unfortunately no date known when it will be back
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.
DAVID G. MAYES is Advisor to the Board of the Bank of Finland and Professor of Economics at Southbank University, London. He was previously Chief Manager and Chief Economist at the Reserve Bank of New Zealand. He is Honorary Professor at the University of Stirling and Adjunct Professor at the University of Canterbury. AARNO LIUKSILA is the Director of IA Management, based in Washington. Until recently, he worked for the legal service of the International Monetary Fund.
ISBN: 9781403917409
Dimensions: unknown
Weight: 547g
390 pages
2004 ed.