Fragile by Design: The Political Origins of Banking Crises and Scarce Credit

(Part of the Princeton Economic History of the Western World Series and The Princeton Economic History of the Western World Series)

by Charles W. Calomiris and Stephen H. Haber

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Why stable banking systems are so rare

Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households.

Analyzing the political and banking history of the United Kingdom,...

Format:Hardcover

Language:English

ISBN:0691155240

ISBN13:9780691155241

Release Date:February 2014

Publisher:Princeton University Press

Length:432 Pages

Weight:2.16 lbs.

Dimensions:1.4" x 6.4" x 9.3"

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Fragile by Design: The Political Origins of Banking Crises and Scarce Credit

(Part of the Princeton Economic History of the Western World Series and The Princeton Economic History of the Western World Series)

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