Who Pays for Bank Insolvency?
Description
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.
Keywords
Business & EconomicsBanks & BankingEconomicsMacroeconomicsLawCommercialIndustries
2003Book
Author(s)Aarno Liuksila, David G. Mayes
PublisherPalgrave Macmillan UK
ISBN9781403917409
LanguageEnglish
