Banking Sustainability and Policy Implications
- When?
- Thursday 10 January 2013, 13.00 hrs to 14.00 hrs
- Where?
- 45A AZ 04
- Open to:
- Alumni, Public, Staff, Students
- Speaker:
- Professor Richard Werner. Chair in International Banking, Director, Centre for Banking, Finance and Sustainable Development; Director of International Development, University of Southampton
- Admission price:
- No charge
Most economic models do not include banks. Many experts have widely diverging views on how banks affect the economy.
The crisis has underlined the need to understand banks better and incorporate them in analyses of the economy, social welfare and sustainability. In this talk, an empirically-based framework for analysing banks is presented (the quantity theory of credit). Further, the sustainability of banking as well as the impact of banking on sustainability issues are discussed. Various policy options are discussed.