The Credit-Anstalt Crisis of 1931

By: No Information Available

Write A Review

Hardcover | 11 May 1992

At a Glance

Hardcover
224 Pages

Dimensions(cm)
22.86 x 15.24 x 1.6

Hardcover

RRP $225.95

$197.99

12%OFF

or 4 interest-free payments of $49.50 with

or

Ships in 7 to 10 business days

Austria played a prominent role in the worldwide events of 1931 as the largest bank in Central and Eastern Europe, the Viennese Credit-Anstalt, collapsed and led Europe into a financial panic that spread to other parts of the world. The events in Austria were pivotal to the economic developments of the 1930s, yet the literature about them is sparse. This book tries to fill this gap. Aurel Schubert analyzes the crisis using the leading theories of financial crises, identifies the causes of the crisis, examines the market's efficiency in predicting events, analyzes how the crisis was transmitted to the real sector, and studies the behavior of the Austrian as well as international authorities as lenders of last resort. His main conclusion is that even sixty years after the crisis, many of its lessons are still valid. Managerial and regulatory deficiencies led to the collapse of the bank; the subsequent currency crisis was not an irrational and unexplainable panic by a confused public, but rather a rational response to inconsistencies in policy; and the reactions of the largely unprepared authorities--in Austria as well as abroad--did not help in resolving the crisis quickly.

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

More in Economic History

Breakneck

China's Quest to Engineer the Future

Hardcover

RRP $55.00

$42.75

22%
OFF

Vulture Capitalism

How to Survive in an Age of Corporate Greed

Paperback

RRP $22.99

$21.99

A History of Central Banking and the Enslavement of Mankind - Stephen Mitford Goodson

$29.75

20%
OFF

Creature from Jekyll Island : A Second Look at the Federal Reserve - Edward G Griffin

$29.75

19%
OFF

The Great Transformation : China's Road from Revolution to Reform - Odd Arne Westad

$35.75

21%
OFF

Material World

A Substantial Story of Our Past and Future

Paperback

RRP $26.99

$22.99

15%
OFF

Autocracy, Inc

The Dictators Who Want to Run the World

Paperback

RRP $26.99

$21.75

19%
OFF

The Road to Serfdom

Routledge Classics

Paperback

RRP $29.99

$25.49

15%
OFF

The Articulation of Modes of Production

Essays from Economy and Society

Paperback

RRP $62.99

$53.54

15%
OFF

A Contemporary Comprehensive Economic Science

The Economic Thought and Legacy of Maffeo Pantaleoni

Hardcover

RRP $305.00

$259.25

15%
OFF

The Routledge Handbook of Economic Expectations in Historical Perspective - Alexander Nutzenadel

$24.99

17%
OFF

Capital in the Twenty-First Century

Paperback

RRP $43.95

$34.75

21%
OFF

Collapse

The Fall of the Soviet Union

Paperback

RRP $30.95

$25.75

17%
OFF

The Divide : A Brief Guide to Global Inequality and its Solutions - Jason Hickel

$22.99

15%
OFF

Tables
Preface
Introduction
Diary of the crisis
Financial crisis theories and the Austrian Experience of 1931
The causes of the financial crisis
The financial crisis and market efficiency
The financial crisis and economic activity
The financial crisis and the lender of last resort
Alternative policies and policy implications
Conclusions
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

The Credit-Anstalt Crisis of 1931

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

More in Economic History

Breakneck

China's Quest to Engineer the Future

Vulture Capitalism

How to Survive in an Age of Corporate Greed

A History of Central Banking and the Enslavement of Mankind

A History of Central Banking and the Enslavement of Mankind

Abundance

How We Build a Better Future

Creature from Jekyll Island

A Second Look at the Federal Reserve

Capitalism and Freedom

Emersion: Emergent Village resources for communities of faith

The Great Transformation

China's Road from Revolution to Reform

Debt

The First 5000 Years

Material World

A Substantial Story of Our Past and Future

Autocracy, Inc

The Dictators Who Want to Run the World

The Road to Serfdom

Routledge Classics

The Articulation of Modes of Production

Essays from Economy and Society

A Contemporary Comprehensive Economic Science

The Economic Thought and Legacy of Maffeo Pantaleoni

The Routledge Handbook of Economic Expectations in Historical Perspective

Tower of Basel

The Shadowy History of the Secret Bank that Runs the World

Why We're Getting Poorer

A Realist's Guide to the Economy and How We Can Fix it

Maritime Misadventures in Early Modern Southeast Asia

Storms, Pirates, Accidents and War

The Stamp Act and the American Revolution

Journal of the American Revolution Books

Guns, Germs And Steel

The Fates of Human Societies

Capital in the Twenty-First Century

Collapse

The Fall of the Soviet Union

The Divide

A Brief Guide to Global Inequality and its Solutions

How Democracies Die

What History Reveals About Our Future

This product is categorised by