Introduction to Bank Recapitalization

by Iakovos Alhadeff

Overview

This essay explains in very simple words the problems encountered by banks during periods of severe economic crises, like the crises of 1929 and of 2008. Moreover the document describes the means that banks have at their disposal to combat such crises.

This is a non technical document and does not assume any prior knowledge on behalf of the reader. A genuine interest will suffice. After reading this essay, the reader will have an understanding of banking crises. What they are and what can be done about them.

Product Details

BN ID:	2940045947060
Publisher:	Iakovos Alhadeff
Publication date:	05/12/2014
Sold by:	Smashwords
Format:	eBook
File size:	181 KB

About the Author

I have studied economics to postgraduate level. I never worked as an economist though. I worked in the field of charter accountancy
and I completed the relevant professional exams (the Greek equivalent of the English A.C.A.). My essays are written for the general reader with no economic or accounting knowledge, and the emphasis is on intuition. All my documents are extremely pro market and quite anti-socialist in nature. I admire economists from the Chicago and the Austrian School i.e. Milton Friedman, Ludwig von Mises, Friedrich Hayek, Henry Hazlitt, Murray Rothbard. I am Greek and English is not my first language, so I hope you will excuse potential errors in my syntax.