MARC details
| 000 -LEADER |
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| fixed length control field |
04220cam a2200373 i 4500 |
| 001 - CONTROL NUMBER |
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| control field |
20568839 |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
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| control field |
20210817133644.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180705s2019 nyua b 001 0 eng c |
| 010 ## - LIBRARY OF CONGRESS CONTROL NUMBER |
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| LC control number |
2018031498 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
9780190919535 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
|---|
| Cancelled/invalid ISBN |
9780190919542 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
|---|
| Cancelled/invalid ISBN |
9780190919559 |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
FUE |
| Language of cataloging |
eng |
| Transcribing agency |
EG-NcFUE |
| Description conventions |
rda |
| Modifying agency |
DLC |
| 042 ## - AUTHENTICATION CODE |
|---|
| Authentication code |
pcc |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER |
|---|
| Classification number |
HG1601 |
| Item number |
.T355 2019 |
| 082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER |
|---|
| Classification number |
332.1 |
| Edition number |
23 |
| Item number |
T.A.T |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Thakor, Anjan V., |
| Relator term |
author. |
| 245 14 - TITLE STATEMENT |
|---|
| Title |
The purpose of banking : |
| Remainder of title |
transforming banking for stability and economic growth / |
| Statement of responsibility, etc |
Anjan V. Thakor. |
| 264 #1 - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
New York : |
| Name of publisher, distributor, etc |
Oxford University Press, |
| Date of publication, distribution, etc |
[2019] |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
viii, 232 pages : |
| Other physical details |
illustrations ; |
| Dimensions |
25 cm |
| 336 ## - CONTENT TYPE |
|---|
| Content type term |
text |
| Content type code |
txt |
| Source |
rdacontent |
| 337 ## - MEDIA TYPE |
|---|
| Media type term |
unmediated |
| Media type code |
n |
| Source |
rdamedia |
| 338 ## - CARRIER TYPE |
|---|
| Carrier type term |
volume |
| Carrier type code |
nc |
| Source |
rdacarrier |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
|---|
| Bibliography, etc |
Includes bibliographical references and indexes. |
| 505 #0 - FORMATTED CONTENTS NOTE |
|---|
| Formatted contents note |
Introduction: the Columbo approach: a bird's eye view of the book --<br/>Act I: The purpose of banks: what banks do and why. Money, guns and lawyers: the business of banking ; The origins of baking and the services banks provide: customers, investors and other stakeholders ; Out of sight, out of mind? Off-balance-sheet banking --<br/>Act II: Bank decision-making and the regulation of banks: capital, regulation, purpose, and culture. When your chickens come home to roost: bank capital regulation and the search for financial stability ; Higher purpose, culture, and capital: is banking on culture a capital idea? --<br/>Act III: Banks and markets interactions that affect stability and growth. Financial system architecture: where do banks sit in the financial system? ; Changes in banking over time --<br/>Act IV: Financial crises: causes, effects, and cures. Financial crises and banks: what caused the great recession, and what where its effects? --<br/>Act V: Reforming banking and looking ahead: improving banking and the potential interactions with Fintech. The final frontier: an improved banking system to achieve financial stability and economic growth ; Closing curtain: should banking be fundamentally redesigned? ; Summing up and looking ahead: Fintech and banking. |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc |
Banks and other financial institutions play a fundamental and yet divisive role in the health of any economy. As lenders they are important to everyone seeking a mortgage or a car loan. As investors they are essential gears of economic progress. And yet when crises hit and the economy tumbles, they are vilified. Is it possible for the banking and financial sectors to both be crisis-free and sustain economic growth that benefits everyone? This is the central question that Anjan Thakor, one of the leading analysts of banking and financial institutions, takes up in this insightful overview of the purpose of banking. He starts with the foundations of banks as safe-keepers of assets and providers of liquidity crucial to a dynamic economy. They manage risk, monitor borrowers, create trust, are providers of information, and facilitate innovation. And yet notwithstanding these essential purposes, the reputation of banks has suffered tremendously in the wake of crises that have harmed the financial sector, the real economy, and many people. The reason, Thakor argues, is that banks have lost sight of their higher purpose, which is tied to their role as safe-keepers of assets and creators of value. These essential economic functions should drive banks' culture, capital structure, and customer relationships. Credit ratings cannot replace relationships, leverage is no substitute for judgment, and the pursuit of profit should not come at the expense of prudence. Thakor shows that while governments can play an important role in creating the environment of banks, including through microprudential and macroprudential regulation, ultimately it is up to banks to improve their culture and align it with their purpose in society. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Banks and banking. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Banking law. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Economic development. |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
|---|
| a |
7 |
| b |
cbc |
| c |
orignew |
| d |
1 |
| e |
ecip |
| f |
20 |
| g |
y-gencatlg |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Koha item type |
Books |