脆弱的设计：银行危机和信贷稀缺的政治根源（普林斯顿西方世界经济史，50）
介绍
本版的作者清楚地说明了为什么有些国家的银行系统糟糕且不稳定。但是，有些非常稳定。例如，美国在 1840 年发生了 12 次银行危机，而加拿大则很稳定。然而，巴西和墨西哥等少数经济体只是容易发生危机，并增加了对商业企业和家庭的信贷。
他非常密切地关注了美利坚合众国、英国、巴西、墨西哥和加拿大等国家的银行业历史。他解释了由于不可预见的情况造成的事故与复杂交易造成的波动之间的区别。他解释了启动良好的银行系统的细节以及监管机构对此的控制。
概括
银行业危机和信贷紧缺并非不可预见情况造成的意外。它们是银行家、政治家、银行股东、储户、纳税人和债务人之间各种讨价还价的结果。只有政治机构的能力以及帮助银行家维持和限制影响经济的不同群体的联盟，银行系统才能做得很好。
这本书让你了解一个经济体的整个金融体系，以及不同的群体是如何支配它的。作者确认银行业危机是可以避免的，而不是可以管理的。
Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World, 50)
Introduction
The author of this edition clearly stated why some countries have bad and unstable banking systems. However, some are very stable with the same. For example, The USA had 12 banking crises in 1840, whereas Canada was stable. However, a few economies, such as Brazil and Mexico, have only been prone to crises and increased their credits to business enterprises and households.
He has very closely monitored the banking history of countries of the United States of America, the United Kingdom, Brazil, Mexico, and Canada. He explains the difference between accidents caused due to unforeseen circumstances and fluctuation resulting from a complex bargain. He explains the details of a well-started banking system and the control of the regulators on the same.
Summary
Banking crises and scarce credits are not accidents caused by unforeseen circumstances. They are the after-effects of various bargains between bankers, politicians, shareholders of the bank, depositors, taxpayers, and debtors. A banking system can be fine only on the capability of the political institutions and to help the bankers maintain and limit the coalitions of different groups influencing the economy.
Best Takeaways
This book gives you a view of the entire financial system of an economy and how various groups of people have dominated it. The author confirms that the banking crises are rather avoidable than manageable.