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Banking
Date Submitted: 09/09/2006 22:32:13
Length: 9 pages (2586 words)
Views: 29466
Abstract This paper analyses the significance of bank runs in today's banking system. The first section researches some of the origins that cause bank runs to take place and its effect it has on the country's economy. It is found that some of the causes have been a result of: · Decline in the terms of trade · Economic growth and inflation rates · Bank-lending booms · …
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…if it does face a crisis. Bibliography · Goldstein M and P Turner (1996) 'Banking Crises in Emrging economies: Origins and Policy options, BIS Economic Paper 46 (1996) · Lindgren, C (1999), Financial sector crisis and restructuring: Lessons from Aisa, IMF Occassional Paper, no.188, International Monetary Fund · Anthony M. Santomero, Paul Hoffman (1998) Problem Bank Resolution: Evaluating the options, The Wharton School, University of Pennsylvania. http://fic.wharton.upenn.edu/fic/papers/98/9805.pdf
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