000			01912cam a22002897a 4500
008			121015s2013 enk b 001 0 eng d
020			_a9781781951835
020			_a1781951837 (hbk.)
020			_a9781782544890 (pbk.)
020			_a1782544895 (pbk.)
040			_aUKMGB _cUKMGB
050	0	0	_aHG2035 _b.B573 2013
082	0	4	_a334.2 _bBIR
100	1		_aBirchall, Johnston.
245	1	0	_aFinance in an age of austerity : _bthe power of customer-owned banks /
260			_aUnited Kingdom _bEdward elgar publishing Ltd. _cc2013
300			_aix, 235 pages ;
504			_aIncludes bibliographical references (pages 215-228) and index.
520			_a"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. The book explores their history and current situation, measures the impact of the banking crisis, makes a systematic study of their advantages, compares them to alternatives (savings banks and micro-finance institutions), and investigates their supervision and governance structures. It provides hard evidence for the superiority of customer-owned banks." -- Back cover.
590			_anmn, 24/10/17, ijb 07/03/2019
591			_aLoans
650		0	_aBanks and banking, Cooperative.
650		0	_aCredit unions.
650		7	_aSavings banks
942			_2ddc _cBOOK
949			_a334.2 BIR
999			_c6807 _d6807