The purpose of banking : transforming banking for stability and economic growth /
Anjan V. Thakor.
- viii, 232 pages ; 25 cm
Includes bibliographical references and indexes.
Introduction: the columbo approach: a bird's eye view of the book -- Act i: the purpose of banks : what banks do and why -- Money, guns and lawyers : the business of banking -- The origins of baking and the services banks provide : customers, investors and other stakeholders -- Out of sigh out of ming? : off-balance sheet banking -- Act ii: bank decision-making and the regulation of banks : capital, regulation, purpose and culture -- When your chickens come home to roost : bank capital regulation and the search for financial stability -- Higher purpose, culture and capital : is banking on culture a capital idea? -- Act iii: banks and markets: interactions that affect stability and growth -- Financial system architecture : where do banks sit in the financial system? -- Changes in banking over time -- Act iv: financial crises: causes, effects and cures -- Financial crises and banks : what caused the great recession and what where its effects? -- Act v: reforming banking and looking ahead : improving banking and the potential interactions with fintech -- The final frontier : an improved banking system to achieve financial stability and economic growth -- Closing curtain : should banking be fundamentally resigned? -- Summing up and looking ahead: fintech and banking.
A thoughtful and thought generating overview of what ails the banking sector and a reminder that the purpose of banks is to help create economic growth.
9780190919535 (hardcover) 0190919531 (hardcover)
2018031498
Banks and banking. Bancos y banca Banking law. Derecho bancario Economic development. Desarrollo económico