ISBN:
9781781951842
Language:
English
Pages:
1 Online-Ressource (ix, 235 pages)
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Erscheint auch als Birchall, Johnston Finance in an age of austerity
Keywords:
Genossenschaftsbank
;
Sparkasse
;
Bausparkasse
;
Welt
;
Credit unions
;
Banks and banking, Cooperative
;
Savings banks
;
Electronic books
;
Nonprofit-Bereich
;
Genossenschaftlicher Bankensektor
Abstract:
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.
DOI:
10.4337/9781781951842
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
