عنوان

The power of inaction :

شابک

080145235X (cloth : alk. paper)

شابک

9780801452352 (cloth : alk. paper)

شماره

dltt

عنوان اصلي

The power of inaction :

نام عام مواد

[Book]

ساير اطلاعات عنواني

bank bailouts in comparison /

نام نخستين پديدآور

Cornelia Woll

نام خاص و کميت اثر

xii, 211 pages :

ساير جزييات

illustrations ;

ابعاد

24 cm

عنوان فروست

Cornell studies in political economy

متن يادداشت

Includes bibliographical references (pages 183-199) and index

متن يادداشت

Crisis management across the world -- The power of collective inaction -- From theory to practice -- The United States and the United Kingdom -- France and Germany -- Ireland and Denmark -- Lessons learned

بدون عنوان

0

متن يادداشت

"Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great Recession brought into sharp relief the power that the global financial sector holds over national politics, and provoked widespread public outrage. In The Power of Inaction, Cornelia Woll details the varying relationships between financial institutions and national governments by comparing national bank rescue schemes in the United States and Europe. Woll starts with a broad overview of bank bailouts in more than twenty countries. Using extensive interviews conducted with bankers, lawmakers, and other key players, she then examines three pairs of countries where similar outcomes might be expected: the United States and United Kingdom, France and Germany, Ireland and Denmark. She finds, however, substantial variation within these pairs. In some cases the financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm's length. Such differences are often ascribed to one of two conditions: either the state is strong and can impose terms, or the state is weak and corrupted by industry lobbying. Woll presents a third option, where the inaction of the financial sector critically shapes the design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those settings where they could avoid a joint response and force national policymakers to deal with banks on a piecemeal basis. The power to remain collectively inactive, she argues, has had important consequences for bailout arrangements and ultimately affected how the public and private sectors have shared the cost burden of these massive policy decisions"--

موضوع مستند نشده

Bailouts (Government policy)

موضوع مستند نشده

Bank failures-- Government policy

شماره

ويراست

شماره رده

نشانه اثر

مستند نام اشخاص تاييد نشده

Woll, Cornelia

تاريخ عمليات

20141129043707.0

قواعد فهرست نويسي ( بخش توصيفي )

rda

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y