Bank Behaviour and Resilience [electronic resource] : The Effect of Structures, Institutions and Agents /
Bakir, C.author.
This book provides new interdisciplinary and comparative answers as to why banking sectors in 'liberal' and 'coordinated' market economies operated under a shared set of rules during the Global Financial Crisis. Exploring the role of complex interactions among interdependent structures, institutions and agents defines this banking behaviour.
Description based upon print version of record.
Cover; Title; Copyright; Dedication; Contents; List of Figures; List of Tables; Acknowledgements; List of Abbreviations; 1 Sources of Bank Behaviour and Institutional Change: Interactions among Structures, Institutions and Agents; 1.1 Introduction; 1.2 SIA framework and the typology of bank behaviour; 1.3 Structural complementarities; 1.3.1 Macroeconomic structure; 1.3.2 Market structure; 1.3.3 Currency structure; 1.3.4 Ideational structure; 1.4 Institutional complementarities and agency-level enabling conditions; 1.4.1 Prudential regulation/supervision and agency-level enabling conditions
1.4.2 Monetary policy and agency-level enabling conditions1.4.3 Business model, organisational culture and corporate governance in banking; 1.4.4 Competition regulation and agency-level enabling conditions; 1.4.5 Tax policy, government subsidies and legal systems that relate to product markets and agency-level enabling conditions; 1.5 Institutional change and persistence and agency-level enabling conditions; 1.6 Methodology; 1.7 The organisation of the book; 2 Institutional Theory and Varieties of National Financial Systems; 2.1 Introduction; 2.2 Institutional theory
2.3 Institutional change and institutional policy entrepreneurship2.4 Comparative analysis of national financial systems; 2.4.1 Classification of national financial systems; 2.4.2 Policy network approach and varieties of financial systems; 2.5 Conclusion; 3 The Sources and Consequences of Bank Behaviour; 3.1 Introduction; 3.2 Australian banking sector in a comparative perspective; 3.3 Structural complementarities; 3.3.1 Macroeconomic structure; 3.3.2 Market structure; 3.3.3 Currency structure; 3.3.4 Ideational structure; 3.4 Institutional complementarities and agency-level enabling conditions
3.4.1 Prudential regulation/supervision and agency-level enabling conditions3.4.2 Monetary policy and agency-level enabling conditions; 3.4.3 Business model, culture and corporate governance in banking; 3.4.4 Competition regulation and agency-level enabling conditions; 3.4.5 Tax policy, government subsidies and legal system that relate to product markets, and agency-level enabling conditions; 3.5 Conclusion; 4 The Political Economy of Prudential Regulation in Australia; 4.1 Introduction; 4.2 State capacity in the Australian financial services industry during the Wallis era
4.3 Mobilisation and conflict over the institutional change in financial regulation4.4 The 'twin peaks' idea and institutional policy entrepreneurship; 4.5 Conclusion; 5 The Political Economy of Competition Regulation in Australia; 5.1 Introduction; 5.2 The 'six pillars' policy; 5.3 Mobilisation and conflict over the mega-bank merger policy; 5.3.1 Political money and political investment; 5.3.2 A struggle for esoteric politics; 5.3.3 A struggle for exoteric politics; 5.3.4 The government's response; 5.3.5 Corporate politics; 5.3.6 A battle at the legislative stage; 5.4 Merger policy outcome
5.5 The Australian exceptionalism in a brief comparison
Includes bibliographical references and index.
This book provides new interdisciplinary and comparative answers as to why banking sectors in 'liberal' and 'coordinated' market economies operated under a shared set of rules during the Global Financial Crisis. Exploring the role of complex interactions among interdependent structures, institutions and agents defines this banking behaviour.
Economic policy.
Business enterprises—Finance.
Finance.
Risk management.
Welfare economics.
Behavioral economics.
Economic Policy.
Business Finance.
Finance, general.
Risk Management.
Social Choice/Welfare Economics/Public Choice/Political Economy.
Behavioral/Experimental Economics.