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Drawn from academia, the Federal Reserve, the International Monetary Fund, and the Federal Deposit Insurance Corporation, the contributors to this fascinating, understandable volume bring things into focus and perspective in ways that will be important to academics and practitioners alike.
The financial crises that began unexpectedly in Southeast Asia in 1997 spread rapidly around the globe, causing banks to fail, stock markets to plummet, and other newsmaking disruptions.
Bank failures, crises, global banking, megamergers, changes in technology-the effect of these world events is to weaken existing methods of regulating bank safety and soundness, and even to make some methods ineffective.
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