Banking

Author: John A. Goddard
Publisher: Oxford University Press
ISBN: 0199688923
Category : Banks and banking
Languages : en
Pages : 185

Book Description
Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry's investment played a key role in enhancing national economic growth in the early 21st century. The global financial crisis in 2007 revealed the banking world's feet of clay. Since 2007, the turmoil in the global financial system has prompted a fundamental reappraisal of the scale, scope, governance, performance, safety and soundness of banks and other financial institutions. In this Very Short Introduction John Goddard and John Wilson explore the world of banking, describing the role of central banks in national and global economies, and analyzing the increasing supervision and regulation imposed on the banking industry. Looking to the future, the authors consider proposals for reform of the banking industry, and the prospects of a resolution of the closely-related banking and sovereign debt crises. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Banking

Author: John O. S. Wilson
Publisher: Taylor & Francis Group
ISBN: 9780415615518
Category : Banks and banking
Languages : en
Pages : 296

Book Description
It is almost universally agreed that banks are of central importance for economic growth, the efficient allocation of capital, financial stability, and the competitiveness and development of manufacturing and service sectors. And, at least in recent decades, it has also widely been believed that high-performing banks, supported by state-of-the-art risk-management capabilities, and light-touch, market-based regulation would allow plentiful finance for investment, leading to economic growth. However, since 2007, as the global financial system has endured extreme turbulence with banks suffering stomach-churning losses, necessitating unbelievable bailouts by national governments this orthodoxy has been roundly challenged. Academics and policymakers alike have been forced fundamentally to re-examine the scale, scope, governance, performance, as well as the safety and soundness, of financial institutions. The necessity for such urgent reassessments underscores the timeliness of this new Major Work collection from Routledge. It meets the need for an authoritative reference work to map the existing scholarly corpus, and to make sense of the continuing explosion in research output. Edited by John O. S. Wilson, a leading scholar, Banking is a five-volume collection which brings together the very best foundational and cutting-edge contributions to the field. The collection is divided into four principal parts. Part 1 is dedicated to The Theory and Business of Banking . The second part deals with The Industrial Organization of Banking, while Part 3 explores Deregulation, Regulation, Supervision, and Crises . The final part of the collection brings together the best scholarship and other useful materials on Banks and the Macro economy . The collection is fully indexed. It also includes comprehensive introductions and overviews to each principal part, newly written by the editor, which place the material in its intellectual and historical context. It is an essential work of reference and is destined to be valued by users as a vital one-stop research resource.

Mathematical Finance

Author: Mark H. A. Davis
Publisher: Oxford University Press, USA
ISBN: 0198787944
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 161

Book Description
Now a vital part of modern economies, the rapid growth of the finance industry in recent decades is largely due to the development of mathematical methods such as the theory of arbitrage. Asset valuation, credit trading, and fund management, now depend on these mathematical tools. Mark Davis explains the theories and their applications.

Global Economic History: A Very Short Introduction

Author: Robert C. Allen
Publisher: Oxford University Press
ISBN: 0199596654
Category : Business & Economics
Languages : en
Pages : 193

Book Description
Together these countries pioneered new technologies that have made them ever richer.

Banking: A Very Short Introduction

Author: John Goddard
Publisher: Oxford University Press
ISBN: 0191002801
Category : Business & Economics
Languages : en
Pages : 185

Book Description
Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry's investment played a key role in enhancing national economic growth in the early 21st century. The global financial crisis in 2007 revealed the banking world's feet of clay. Since 2007, the turmoil in the global financial system has prompted a fundamental reappraisal of the scale, scope, governance, performance, safety and soundness of banks and other financial institutions. In this Very Short Introduction John Goddard and John Wilson explore the world of banking, describing the role of central banks in national and global economies, and analysing the increasing supervision and regulation imposed on the banking industry. Looking to the future, the authors consider proposals for reform of the banking industry, and the prospects of a resolution of the closely-related banking and sovereign debt crises. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Global Banking

Author: Roy C. Smith
Publisher: Oxford University Press, USA
ISBN: 019803072X
Category : Business & Economics
Languages : en
Pages : 449

Book Description
This is a revision of the business of global banking. With the increased globalization of the world economy few sectors are the equal of banking and financial services in dynamism or structural change. Roy C. Smith and Ingo Walter assess this transformation-its causes, its course and its consequences. They begon by examining international commercial banking, including the issue of cross-border risk evaluation and exposure management, and the creation of a viable regulatory framework in a global competitive context. hey then undertake a parallel assessment of international investment banking, linking the two by means of a bridge chapter. Finally, they focus on the factors that determine winners and losers in these markets and explore the problems of strategic position and execution.

Cryptography: A Very Short Introduction

Author: Fred Piper
Publisher: OUP Oxford
ISBN: 0191577758
Category : Mathematics
Languages : en
Pages : 160

Book Description
This book is a clear and informative introduction to cryptography and data protection - subjects of considerable social and political importance. It explains what algorithms do, how they are used, the risks associated with using them, and why governments should be concerned. Important areas are highlighted, such as Stream Ciphers, block ciphers, public key algorithms, digital signatures, and applications such as e-commerce. This book highlights the explosive impact of cryptography on modern society, with, for example, the evolution of the internet and the introduction of more sophisticated banking methods. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Education: A Very Short Introduction

Author: Gary Thomas
Publisher: Oxford University Press, USA
ISBN: 0199643261
Category : Education
Languages : en
Pages : 161

Book Description
From the schools of ancient times to the present day, Gary Thomas looks at how and why education evolved as it has. By exploring some of the big questions, he examines the ways in which schools work, considers the differences around the world, and concludes by considering the future of education worldwide.

Magna Carta: A Very Short Introduction

Author: Nicholas Vincent
Publisher: Oxford University Press
ISBN: 0199582874
Category : History
Languages : en
Pages : 153

Book Description
Magna Carta has long been considered the foundation stone of the British Constitution, yet few people today understand either its contents or its context. With a full English translation of the 1215 charter, Nicholas Vincent introduces the document to a modern audience; explaining its origins and tracing the significance of its role in our history.

American Business History: a Very Short Introduction

Author: Walter A. Friedman
Publisher: Oxford University Press, USA
ISBN: 0190622474
Category :
Languages : en
Pages : 177

Book Description
By the early twentieth century, it became common to describe the United States as a "business civilization." President Coolidge in 1925 said, "The chief business of the American people is business." More recently, historian Sven Beckert characterized Henry Ford's massive manufactory as the embodiment of America: "While Athens had its Parthenon and Rome its Colosseum, the United States had its River Rouge Factory in Detroit..." How did business come to assume such power and cultural centrality in America? This volume explores the variety of business enterprise in the United States and analyzes its presence in the country's economy, its evolution over time, and its meaning in society. It introduces readers to formative business leaders (including Elbert Gary, Harlow Curtice, and Mary Kay Ash), leading firms (Mellon Bank, National Cash Register, Xerox), and fiction about business people (The Octopus, Babbitt, The Man in the Grey Flannel Suit). It also discusses Alfred Chandler, Joseph Schumpeter, Mira Wilkins, and others who made significant contributions to understanding of America's business history. This VSI pursues its three central themes - the evolution, scale, and culture of American business - in a chronological framework stretching from the American Revolution to today. The first theme is evolution: How has U.S. business evolved over time? How have American companies competed with one another and with foreign firms? Why have ideas about strategy and management changed? Why did business people in the mid-twentieth century celebrate an "organizational" culture promising long-term employment in the same company, while a few decades later entrepreneurship was prized? Second is scale: Why did business assume such enormous scale in the United States? Was the rise of gigantic corporations due to the industriousness of its population, or natural resources, or government policies? And third, culture: What are the characteristics of a "business civilization"? How have opinions on the meaning of business changed? In the late nineteenth century, Andrew Carnegie believed that America's numerous enterprises represented an exuberant "triumph of democracy." After World War II, however, sociologist William H. Whyte saw business culture as stultifying, and historian Richard Hofstadter wrote, "Once great men created fortunes; today a great system creates fortunate men." How did changes in the nature of business affect popular views? Walter A. Friedman provides the long view of these important developments.