Who Pays for Bank Insolvency?

Mayes, D.; Liuksila, A.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2003-12-19

Format: Paperback

ISBN-13: 9781349513390

DOI: 10.1057/9780230523913

Dimensions: 203cm x127cm

Pages: 390