Finance in an age of austerity : the power of customer-owned banks / Johnston Birchall, professor of social policy at Stirling University, UK

Englisch

Cheltenham, U.K ; Northampton, MA, USA : Edward Elgar Publishing, 2013

1 Online-Ressource (ix, 235 pages)

Erscheint auch als: Druck-Ausgabe- Birchall, Johnston: Finance in an age of austerity. - Cheltenham [u.a.] : Elgar, 2013. - IX, 235 S.

978-1-78195-184-2 : e-book

Weitere Ausgaben: 978-1-78195-183-5 (Druckausgabe) : hardback, 978-1-78254-489-0 (Druckausgabe) : paperback

DOI: 10.4337/9781781951842

*Nonprofit-Bereich / Genossenschaftlicher Bankensektor

*Credit unions ; Banks and banking, Cooperative ; Savings banks

*Electronic books

Genossenschaftsbank / Sparkasse / Bausparkasse / Welt

Klassifikation der Library of Congress: HG2035

Regensburger Verbund-Klassifikation: QK 400: Q Wirtschaftswissenschaften / QK Geld, Kredit- und Bankwesen. Bankbetriebslehre / QK 400-QK 490 Geschäftsbanken. Sparkassen. Kreditgenossenschaften. Spezialbanken / Allgemeines

Regensburger Verbund-Klassifikation: QK 410: Q Wirtschaftswissenschaften / QK Geld, Kredit- und Bankwesen. Bankbetriebslehre / QK 400-QK 490 Geschäftsbanken. Sparkassen. Kreditgenossenschaften. Spezialbanken / Geschichte

This is a book in search of an alternative to the discredited investor-owned banks that have brought the rich countries into crisis and the world economy into a long period of austerity. It finds customer-owned banks credit unions, co-operative banks, building societies have hardly been affected by the crisis and continue to operate according to their organisational DNA: low-risk, close to the customer, underpinned by real savings, and still lending to SMEs to protect jobs and local economies. They are big business in some countries with over 40% of the market but networked in smaller, democratic societies whose origins go back to 1850s Germany.