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

    By Charles W Calomiris, Stephen H Haber
Why are banking systems unstable in so many countries - but not in others? Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, this book demonstrates that chronic banking crises and scarce credit are not accidents due to unforeseen circumstances.


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Language English
Published 02/2014
Publisher Princeton University Press
Availability Available
Pages 570
Product Identifiers
9780691155241 — Hardcover