Economics and political economy lack the analytical tools to explain the differing impact of the recent international financial crisis that erupted in 2007 on d

This edited volume offers a study of national banking systems and explains how banking developed in the years preceding the international financial crisis that

The global financial system has proven increasingly unstable and crisis-prone since the early 1980s. The system has failed to serve either creditors or debtors

Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies expe

The global financial crisis has caused massive upheavals worldwide. This volume analyzes whether financial principles seem to have shifted, and what that may me