The Economics of Banking by Kent Matthews and John Thompson pdf free download

0
983

The Economics of Banking by Kent Matthews and John Thompson pdf free download

The Economics of Banking by Kent Matthews and John Thompson pdf free download There are a number of good books on banking in the market; so, why should the authors write another one and, more importantly, why should the student be burdened with an additional one? Books on banking tend to be focused on the management of the bank and, in particular, management of the balance sheet. Such books are specialized reading for students of bank management or administration. Students of economics are used to studying behaviour (individual and corporate) in the context of optimizing behaviour subject to constraints.

The Economics of Banking by Kent Matthews and John Thompson pdf free download

There is little in the market that examines banking in the context of economic behaviour. What little there is, uses advanced technical analysis suitable for a graduate programme in economics or combines economic behaviour with case studies suitable for banking MBA programmes. There is nothing that uses intermediate level microeconomics that is suitable for an undergraduate programme or nonspecialist postgraduate programmes. This book is aimed at understanding the behaviour of banks and at addressing some of the major trends in domestic and international banking in recent times using the basic tools of economic analysis.

The Economics of Banking by Kent Matthews and John Thompson pdf free download

Since the 1950s great changes have taken place in the banking industry. In particular, recent developments include:
(i) Deregulation of ¢nancial institutions including banks with regard to their pricing decisions, though in actual fact this process has been accompanied by increased prudential control.
(ii) Financial innovation involving the development of new processes and ¢nancial instruments. New processes include new markets such as the Eurocurrency markets and securitization as well as the enhanced emphasis of risk management by banks. Certi¢cates of Deposit, Floating Rate Notes and Asset Backed Securities are among the many examples of new ¢nancial instruments.
(iii) Globalization so that most major banks operate throughout the world rather than in one country. This is evidenced by statistics reported by the Bank for International Settlements (BIS). In 1983 the total holdings of foreign assets by banks reporting to the BIS amounted to $754,815bn. In 2003 this ¢gure had risen to $14,527,402bn.
(iv) All the above factors have led to a strengthening in the degree of competition faced by banks.

The Economics of Banking by Kent Matthews and John Thompson pdf free download

This text covers all these developments. Chapters 1^3 provide an introduction surveying the general trends and the role of the capital market, in general, and banks, in particular, in the process of ¢nancial intermediation. Chapters 5 and 6 cover the di¡erent types of banking operation.

The Economics of Banking by Kent Matthews and John Thompson pdf free download

The Economics of Banking by Kent Matthews and John Thompson pdf free download

Please make a comment if link is not working for you.
I appreciate your valuable comments and suggestions. For more books please visit or site.

Previous articleThe Discrete Nonlinear Schrodinger Equation Mathematical Analysis, Numerical Computations pdf
Next articleMergers and Acquisitions in Banking and Finance by Ingo Walter pdf free download

LEAVE A REPLY

Please enter your comment!
Please enter your name here