![Fragile By Design: The Political Origins Of Banking Crises And Scarce Credit (The Princeton Economic History Of The Western World 50)](https://read-ebook-now.nicksucre.com/k/the-political-origins-of-banking-crises-and-scarce-credit.jpeg)
The Political Origins of Banking Crises and Scarce Credit
Abstract This paper examines the political origins of banking crises and scarce credit. We argue that political instability and weak institutions create incentives for banks to engage in risky lending practices, which...
![Melvin Blair profile picture](https://read-ebook-now.nicksucre.com/author/melvin-blair.jpg)