Money, Credit, and Crises: Understanding the Modern Banking System

Author:   Nektarios Michail
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
ISBN:  

9783030643867


Pages:   251
Publication Date:   27 January 2022
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Money, Credit, and Crises: Understanding the Modern Banking System


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Overview

While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector remain a black box. To this end, this book provides a comprehensive and easy to read review of the banking sector, covering all issues related to commercial and investment banking and providing experienced as well as non-expert readers the opportunity to expand their knowledge on these topics. After going through the book, readers have the opportunity to gain a deeper knowledge regarding the commercial and investment functions of the banking sector and the ability to evaluate the potential outcome of policy actions.

Full Product Details

Author:   Nektarios Michail
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
Weight:   0.415kg
ISBN:  

9783030643867


ISBN 10:   3030643867
Pages:   251
Publication Date:   27 January 2022
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Part I: A History of Banking.- 1.A brief history of money and credit.- 2.Banking in the 20th Century.- Part II: How Banking Works.- 3.Money and Inflation.- 4.Money and Banking.- 5.Banking and the economy.- 6.Investment Banking.- 7.Banking in Crisis.- 8.Financial Instability.- Part III: Modern Banking.- 9.Securitization.- 10.Shadow Banking.- 11.Modern Crisis-Dealing Practices.- 12.Epilogue: The Future.

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Author Information

Nektarios Michail is an Economist at the Department of Economic Analysis and Research at the Central Bank of Cyprus. He has previous experience in various positions in the finance industry, notably in brokers and investment funds, providing investment analysis on an array of financial instruments. Nektarios holds a PhD from the Cyprus University of Technology, where he taught for a number of years. His research, focusing on banking and economic policy as well as international and maritime economics, has been published in various academic journals.

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