{"id":"https://openalex.org/W617652102","doi":"https://doi.org/10.5860/choice.45-5691","title":"Why are there so many banking crises?: the politics and policy of bank regulation","display_name":"Why are there so many banking crises?: the politics and policy of bank regulation","publication_year":2008,"publication_date":"2008-06-01","ids":{"openalex":"https://openalex.org/W617652102","doi":"https://doi.org/10.5860/choice.45-5691","mag":"617652102"},"language":"en","primary_location":{"id":"doi:10.5860/choice.45-5691","doi":"https://doi.org/10.5860/choice.45-5691","is_oa":false,"landing_page_url":"https://doi.org/10.5860/choice.45-5691","pdf_url":null,"source":{"id":"https://openalex.org/S2764375719","display_name":"Choice Reviews Online","issn_l":"0009-4978","issn":["0009-4978","1523-8253","1943-5975"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316146","host_organization_name":"Association of College and Research Libraries","host_organization_lineage":["https://openalex.org/P4310316146","https://openalex.org/P4310315903"],"host_organization_lineage_names":["Association of College and Research Libraries","American Library Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Choice Reviews Online","raw_type":"journal-article"},"volume":null,"type":"book-review","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":97,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"45","issue":"10","first_page":"45","last_page":"5691"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.0010999999940395355,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/banking-crisis","display_name":"banking crisis","score":0.9990000128746033},{"id":"https://openalex.org/keywords/banking-regulation","display_name":"banking regulation","score":0.9649999737739563},{"id":"https://openalex.org/keywords/deposit-insurance","display_name":"deposit insurance","score":0.574999988079071},{"id":"https://openalex.org/keywords/lender-of-last-resort","display_name":"lender of last resort","score":0.8740000128746033},{"id":"https://openalex.org/keywords/prudential-regulation","display_name":"prudential regulation","score":0.9779999852180481},{"id":"https://openalex.org/keywords/solvency-regulation","display_name":"solvency regulation","score":0.8889999985694885},{"id":"https://openalex.org/keywords/regulatory-independence","display_name":"regulatory independence","score":0.6240000128746033},{"id":"https://openalex.org/keywords/market-discipline","display_name":"market discipline","score":0.6729999780654907},{"id":"https://openalex.org/keywords/financial-deregulation","display_name":"financial deregulation","score":0.9210000038146973},{"id":"https://openalex.org/keywords/globalization","display_name":"globalization","score":0.7699999809265137},{"id":"https://openalex.org/keywords/bank-bailout","display_name":"bank bailout","score":0.6959999799728394},{"id":"https://openalex.org/keywords/risk-taking","display_name":"risk-taking","score":0.6840000152587891}],"concepts":[{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.7549532651901245},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.46192947030067444},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.42014020681381226},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.388887494802475},{"id":"https://openalex.org/C138921699","wikidata":"https://www.wikidata.org/wiki/Q47555","display_name":"Political economy","level":1,"score":0.38241416215896606},{"id":"https://openalex.org/C105639569","wikidata":"https://www.wikidata.org/wiki/Q582577","display_name":"Economic policy","level":1,"score":0.33737558126449585},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.31051182746887207},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.14873111248016357}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.5860/choice.45-5691","doi":"https://doi.org/10.5860/choice.45-5691","is_oa":false,"landing_page_url":"https://doi.org/10.5860/choice.45-5691","pdf_url":null,"source":{"id":"https://openalex.org/S2764375719","display_name":"Choice Reviews Online","issn_l":"0009-4978","issn":["0009-4978","1523-8253","1943-5975"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316146","host_organization_name":"Association of College and Research Libraries","host_organization_lineage":["https://openalex.org/P4310316146","https://openalex.org/P4310315903"],"host_organization_lineage_names":["Association of College and Research Libraries","American Library Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Choice Reviews Online","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.666700005531311,"display_name":"Peace, justice, and strong institutions"}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":71,"referenced_works":["https://openalex.org/W163293550","https://openalex.org/W618676928","https://openalex.org/W1488441973","https://openalex.org/W1490290741","https://openalex.org/W1516136238","https://openalex.org/W1541486432","https://openalex.org/W1545420549","https://openalex.org/W1546523058","https://openalex.org/W1552850211","https://openalex.org/W1565029751","https://openalex.org/W1591710988","https://openalex.org/W1597183178","https://openalex.org/W1760845451","https://openalex.org/W1963772190","https://openalex.org/W1963810463","https://openalex.org/W1968832883","https://openalex.org/W1969057730","https://openalex.org/W1970594241","https://openalex.org/W1976655996","https://openalex.org/W1977168372","https://openalex.org/W1987570538","https://openalex.org/W1991783614","https://openalex.org/W2000578291","https://openalex.org/W2018818305","https://openalex.org/W2019524693","https://openalex.org/W2020232147","https://openalex.org/W2024889806","https://openalex.org/W2032000314","https://openalex.org/W2036421075","https://openalex.org/W2044683208","https://openalex.org/W2044781930","https://openalex.org/W2046742912","https://openalex.org/W2054363483","https://openalex.org/W2055324653","https://openalex.org/W2058475868","https://openalex.org/W2063420981","https://openalex.org/W2065398236","https://openalex.org/W2065741243","https://openalex.org/W2071715957","https://openalex.org/W2076062119","https://openalex.org/W2097931238","https://openalex.org/W2104723218","https://openalex.org/W2107031016","https://openalex.org/W2108491286","https://openalex.org/W2111984566","https://openalex.org/W2112559425","https://openalex.org/W2113966200","https://openalex.org/W2118889105","https://openalex.org/W2121799706","https://openalex.org/W2132275236","https://openalex.org/W2136598966","https://openalex.org/W2141053616","https://openalex.org/W2148767096","https://openalex.org/W2154044885","https://openalex.org/W2157722270","https://openalex.org/W2159854176","https://openalex.org/W2164661252","https://openalex.org/W2183520454","https://openalex.org/W2477494051","https://openalex.org/W2503030240","https://openalex.org/W2890619015","https://openalex.org/W3022353042","https://openalex.org/W3121491663","https://openalex.org/W3122576247","https://openalex.org/W3124129444","https://openalex.org/W3124365228","https://openalex.org/W3124936963","https://openalex.org/W3125382965","https://openalex.org/W3125503097","https://openalex.org/W3125948922","https://openalex.org/W3196003535"],"related_works":["https://openalex.org/W2269896433","https://openalex.org/W4210349447","https://openalex.org/W634053106","https://openalex.org/W7098041050","https://openalex.org/W1971178382","https://openalex.org/W4229919513","https://openalex.org/W1991368671","https://openalex.org/W2136915749","https://openalex.org/W2590572694","https://openalex.org/W7097586461"],"abstract_inverted_index":{"Almost":[0],"every":[1],"country":[2],"in":[3,65,170],"the":[4,16,27,54,63,80,136,162,168,175,183,197],"world":[5,169],"has":[6],"sophisticated":[7],"systems":[8],"to":[9,36,109,121],"prevent":[10],"banking":[11,41,47,59,85,111,139,148,165,202],"crises.":[12,101],"Yet":[13],"such":[14],"crises--and":[15],"massive":[17],"financial":[18,90,221],"and":[19,34,92,128,147,152,182,187,199,212,217,220],"social":[20],"damage":[21],"they":[22],"can":[23,143],"cause--remain":[24],"common":[25],"throughout":[26],"world.":[28],"Does":[29],"deposit":[30],"insurance":[31],"encourage":[32],"depositors":[33],"bankers":[35],"take":[37],"excessive":[38],"risks?":[39],"Are":[40,72],"regulations":[42],"poorly":[43],"designed?":[44],"Or":[45],"are":[46,87,107],"regulators":[48,112],"incompetent?":[49],"Jean-Charles":[50],"Rochet,":[51],"one":[52],"of":[53,138,158,164,177,185,201,209],"world's":[55],"leading":[56],"authorities":[57,106],"on":[58,174],"regulation,":[60],"argues":[61],"that":[62,117,194],"answer":[64],"each":[66],"case":[67,81],"is":[68],"no.":[69],"In":[70,154],"Why":[71],"There":[73],"So":[74],"Many":[75],"Banking":[76],"Crises?,":[77],"he":[78],"makes":[79],"that,":[82],"although":[83],"many":[84],"crises":[86,149,166,203],"precipitated":[88],"by":[89,134],"deregulation":[91],"globalization,":[93],"political":[94,105],"interference":[95],"often":[96],"causes--and":[97],"almost":[98],"always":[99],"exacerbates--banking":[100],"If,":[102],"for":[103,192,215],"example,":[104],"allowed":[108,120],"pressure":[110],"into":[113],"bailing":[114],"out":[115],"banks":[116,219],"should":[118,204],"be":[119,150],"fail,":[122],"then":[123],"regulation":[124,181],"will":[125],"lack":[126],"credibility":[127],"market":[129,144],"discipline":[130],"won't":[131],"work.":[132],"Only":[133],"insuring":[135],"independence":[137],"regulators,":[140],"Rochet":[141,160],"says,":[142],"forces":[145],"work":[146],"prevented":[151],"minimized.":[153],"this":[155],"important":[156],"collection":[157],"essays,":[159],"examines":[161],"causes":[163],"around":[167],"recent":[171],"decades,":[172],"focusing":[173],"lender":[176],"last":[178],"resort;":[179],"prudential":[180],"management":[184],"risk;":[186],"solvency":[188],"regulations.":[189],"His":[190],"proposals":[191],"reforms":[193],"could":[195],"limit":[196],"frequency":[198],"severity":[200],"interest":[205],"a":[206],"wide":[207],"range":[208],"academic":[210],"economists":[211],"those":[213],"working":[214],"central":[216],"private":[218],"services":[222],"authorities.":[223]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":8},{"year":2015,"cited_by_count":8},{"year":2014,"cited_by_count":8},{"year":2013,"cited_by_count":14},{"year":2012,"cited_by_count":12}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
