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Banking: A Very Short Introduction
eBook - Very Short Introductions
ISBN/EAN: 9780191002809
Umbreit-Nr.: 4551400
Sprache:
Englisch
Umfang: 144 S.
Format in cm:
Einband:
Keine Angabe
Erschienen am 01.12.2016
Auflage: 1/2016
E-Book
Format: PDF
DRM: Adobe DRM
- Zusatztext
- Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry's investment played a key role in enhancing national economic growth in the early 21st century. The global financial crisis in 2007 revealed the banking world's feet of clay. Since 2007, the turmoil in the global financial system has prompted a fundamental reappraisal of the scale, scope, governance, performance, safety and soundness of banks and other financial institutions. In this Very Short Introduction John Goddard and John Wilson explore the world of banking, describing the role of central banks in national and global economies, and analysing the increasing supervision and regulation imposed on the banking industry. Looking to the future, the authorsconsider proposals for reform of the banking industry, and the prospects of a resolution of the closely-related banking and sovereign debt crises. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
- Kurztext
- European integration has generated a wide array of economic, political, and social opportunities beyond the nation state. European citizens are free to obtain their academic degree in Germany, earn their money in London, invest it in Luxembourg, and retire to Spain. An early theorist of European integration, Karl Deutsch expected this development to promote a collective identity and public support for European integration: by interacting across borders, Europeanswould become aware of their shared values and beliefs, and eventually acquire a common 'we feeling'. Experiencing European Integration puts these expectations under scrutiny by developing a comprehensive theoretical model that helps us understand how transnational interactions relate to orientations towards European integration. An extensive analysis of survey data covering the 27 EU member states provides a thorough empirical test of transactionalist hypotheses. Findings show that individual transnationalism indeed strongly and positively influences EU support, but that only ayoung, wealthy, and highly educated minority take part in cross-border interactions. The book further shows that the effectiveness of transnational interactions in generating EU support is contingent on a number of factors such as their purpose and scope. Importantly, increased transnational interactions result innegative externalities among those who do not become transnationally active themselves. By discussing the implications of transnationalism for the theoretical debate and current policy, this volume will provide a unique analysis of a key dynamic of European integration.