Suzuki / Miah / Wanniarachchige Banking and Economic Rent in Asia

Rent Effects, Financial Fragility and Economic Development
Erscheinungsjahr 2017
ISBN: 978-1-317-19236-7
Verlag: CRC Press
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 216 Seiten

Reihe: Routledge International Studies in Money and Banking

A stable and sound financial system plays a critical role in mediating funds from surplus units to investors, making it a prerequisite for economic development. Financial intermediaries have been vulnerable to adverse changes in the local and global economy and experienced frequent bubble-and-bust episodes historically. Analyses of financial crises reveal that the incentive created by neoliberal financial principles is inconsistent with stable financial systems, and viable solutions require structuring institutions in a way that incentives are well aligned with the fundamental principles of financial systems.

By drawing on the theoretical framework of the financial restraint model, this book analyses financial sectors’ rents or bank rents and their effects on banks’ performance and stability, and presents evidence on the relationship between rent and incentive through case studies of both developed and developing countries.

Autoren/Hrsg.

Suzuki, Yasushi

Miah, Mohammad Dulal

Wanniarachchige, Manjula K.

Uddin, S.M. Sohrab

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftswissenschaften: Allgemeines

Inhaltsverzeichnis

Introduction (Yasushi Suzuki and Mohammad Dulal Miah)

Part I: Theoretical Issues

1. Bank Rent Effects, Financial Fragility and Economic Development (Yasushi Suzuki, Mohammad Dulal Miah, Manjula K. Wanniarachchige and S.M. Sohrab Uddin)

2. Contemporary Theories of Financial Intermediation: Where does the Financial Restraint Model Stand? (Yasushi Suzuki and Mohammad Dulal Miah)

3. A New Theory of Bank Rent for Economic Development: A New Concept of Operational Rent and Macroeconomic Rent (Manjula K. Wanniarachchige)

4. A New Conceptualization of Islamic Bank Rent (Yasushi Suzuki and S.M. Sohrab Uddin)

Part II: Linkage to empirical studies

5. China’s Non-Performing Bank Loan Crisis: The Role of Economic Rents (Yasushi Suzuki and Mohammad Dulal Miah)

6. Bank Rent, Bank Performance and Stability in Sri Lanka (Manjula K. Wanniarachchige)

7. Bank Rent, Bank Performance and Stability: Evidence from Islamic Banks of Four Asian Countries (Yasushi Suzuki, Mohammad Dulal Miah, Shoaib, Sigit, and Sohrab)

8. Financial Rent in GCC countries (Yasushi Suzuki and Mohammad Dulal Miah)

9. Japan's Quantitative Easing: Implications for Bank Rents (Yasushi Suzuki and Mohammad Dulal Miah)

Conclusion: Toward the General Theory of Bank Rent (Yasushi Suzuki, Manjula K. Wanniarachchige, Mohammad Dulal Miah and S.M. Sohrab Uddin)

Über Autor(innen)

Yasushi Suzuki is Professor at Ritsumeikan Asia Pacific University, Japan.

Mohammed Dulal Miah is Assistant Professor at University of Nizwa, Oman.

Manjula K. Wanniarachchige is Senior Lecturer at University of Ruhuna, Sri Lanka.

S. M. Sohrab Uddin is Professor at University of Chittagong, Bangladesh.