Synopses & Reviews
Synopsis
Part I: A History of Banking1.A brief history of money and credit2.Banking in the 20th Century
Part II: How Banking Works3.Money and Inflation4.Money and Banking5.Banking and the economy6.Investment Banking7.Banking in Crisis8.Financial Instability
Part III: Modern Banking9.Securitization10.Shadow Banking11.Modern Crisis-Dealing Practices12.Epilogue: The Future
Synopsis
Showcases how the banking system is expected to develop in the near future and the extent at which policymakers can have an impact. Evaluates various policy suggestions that aim to make the banking system more robust.Emphasizes how central banks (or other regulators) could plan their actions in order to minimize the damage made by a crisis while simultaneously not affecting the economy's growth prospects.