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Why Banks Fail

von Sebastián Royo
Softcover - 9781349959914
90,94 €
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Hardcover - 9781349959907
90,94 €

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Weitere Formate

Hardcover - 9781349959907
90,94 €

Beschreibung

This book examines the political roots of banking crises in Spain. It focuses on the process of political bargains in which parties with different interests come together to form coalitions, and it shows how these coalitions have determined banking outcomes and caused banking crises in Spain. In particular, it analyzes the 2008 Spanish banking crisis and shows how Spanish banks and related savings institutions contributed significantly to the challenges that led to the crisis, including the fueling of a large property bubble – by channeling tremendous credits to the construction and real estate sectors, while starving the country’s productive sectors.  Accordingly, the book links banking crises to the country’s larger institutional malaise, placing the solution not only in the hands of the banks, but also the political institutions that influence them.

The Political Roots of Banking Crises in Spain

The Political Roots of Banking Crises in Spain

Details

Verlag Palgrave Macmillan US
Ersterscheinung 28. Juni 2021
Maße 21 cm x 14.8 cm
Gewicht 481 Gramm
Format Softcover
ISBN-13 9781349959914
Seiten 344

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