Cover image for Bank failures in the major trading countries of the world : causes and remedies
Bank failures in the major trading countries of the world : causes and remedies
Gup, Benton E.
Personal Author:
Publication Information:
Westport, CT : Quorum, 1998.
Physical Description:
ix, 174 pages ; 24 cm
Reading Level:
1310 Lexile.
Corporate Subject:
Format :


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Material Type
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HG3881.5.I58 G867 1998 Adult Non-Fiction Non-Fiction Area

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Bank failures, near failures, and crises are common throughout the world, and particularly in the major G-10 trading countries, including the United States, Germany, and Japan. But equally common are the bailouts by national governments, when they perceive that bank failure will result in severe economic distress. Gup examines these events, focusing on happenings in the particularly volatile years since 1980, and finds that nonperforming real estate loans, even more than fraud, are the primary cause. His wide-ranging investigation casts doubt on the effectiveness of bank regulation and makes clear that with globalization and emerging technologies, change in regulatory methods is needed. This book is essential for scholars, students as well as professionals in international banking, finance, investment, and world trade.

Author Notes

BENTON E. GUP is Professor in Finance and Chair of Banking at the University of Alabama's College of Commerce, Tuscaloosa. He is known internationally as a lecturer in executive development and as a consultant in finance to government and industry. He is the author or coauthor of several major textbooks in banking, finance, and investment, and his many articles on financial topics have appeared in the major journals of his field.

Reviews 1

Choice Review

The greatest fear regarding the banking system in any country is the failure of a single institution or the system as a whole. Each of the developed nations has had its share of failures, not just in history but in the past two to three decades. Gup, professor of finance and chair of banking, Univ. of Alabama, Tuscaloosa, who earlier worked for the US Office of the Comptroller of the Currency), has complied in one volume a definition of the key concepts involved; a review of bank failure experiences in 11 countries; and a complete review of the question of the efficacy of prudential regulation of banks. There is an additional chapter on the banking crises in Thailand by Doowoo Nam, one Gup's graduate students. An appendix contains an excellent article by George G. Kaufman on regulation. Extensive bibliography and index. Although the topic is of interest, this volume does not represent a major new addition to knowledge of this subject. For academic libraries supporting comprehensive banking and international economics collections at the undergraduate level. Also appropriate for public libraries. D. E. Bond; University of British Columbia

Table of Contents

Introductionp. 1
1 Key Conceptsp. 5
2 Country Analysis Ip. 17
Notep. 34
3 Country Analysis IIp. 35
4 Summary of Failures and Near Failures, Resolutions, and Significant Incidentsp. 59
5 Too-Big-To-Fail: an International Perspectivep. 69
6 Prudential Regulation of Banks: is It Effective?p. 93

p. 113

Notesp. 120
Bibliographyp. 153
Indexp. 171
About the Authorp. 175