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A remarkable feature of the period since 1970 has been the patterns of rapid and turbulent change in financing behavior and financial structure in many advanced countries. This book explores, in theoretical and empirical terms, the nature of the relationships between the underlying phenomena-levels and changes in debt, vulnerability to default in the corporate and household sectors, and systematic risk in the financial sector. The book focuses on the generality of this phenomena-whether similar patterns are observable in certain countries, as well as in the international capital markets themselves. Emphasis is placed to the importance of the nature and evolution of financial structure to the genesis of instability. Given the international scope of the analysis, the work is germane to the study of the development of financial systems in all advanced countries, as well as the euromarkets.
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`The book's findings are relevant to all advanced countries, and especially to the USA, Japan, Germany, France, UK and Canada whose experience is examined in detail.'Banking WorldAbout the Author:
E. Philip Davis is at European Monetary Institute, Frankfurt.
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Book Description Clarendon Press, 1995. Paperback. Condition: New. Revised and expanded edition. 2004 reprint. New paperback. Seller Inventory # 134665
Book Description Clarendon Press, 1995. Paperback. Condition: New. Never used!. Seller Inventory # P110198233310
Book Description Clarendon Press. Condition: New. Paperback. Worldwide shipping. FREE fast shipping inside USA (express 2-3 day delivery also available). Tracking service included. Ships from United States of America. Seller Inventory # 0198233310
Book Description Oxford University Press, USA, 1995. Paperback. Condition: New. Rev Sub. Seller Inventory # DADAX0198233310
Book Description Clarendon Press, 1995. Condition: New. book. Seller Inventory # M0198233310
Book Description Oxford Univ Pr on Demand, 1995. Paperback. Condition: Brand New. revised subsequent edition. 393 pages. 9.50x6.25x1.00 inches. In Stock. Seller Inventory # zk0198233310