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Fragile by design : the political origins of banking crises and scarce credit
Bank failures
Banks & Banking
Kreditwesen
Banques
Credit
Banks and banking
Historia
Finance
BUSINESS & ECONOMICS
History
"Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to busines…
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