An
Evaluation of the Northern Rock Failure 2007-2008 (2008)
The
focus of this study is to gain insight into the justification of the
UK’s Tripartite Standing Committee Lender of last resort
(LLR)
liquidity support to the Northern Rock given the oft cited risk of
systemic collapse ensuing from bank failure. The sample includes 2 case
studies; one from the Scandinavian banking crisis and one from the
Japanese banking crises. The author investigates the causal mechanisms
of failure, authority and regulatory prescriptions and post crisis
economic costs in terms of GDP and welfare loss in these cases in order
to determine the justification for the bail out of Northern Rock.
Definitions of both the start and conclusion of systemic crisis are
provided per Bordo et al. 2001.
The objectives of this study are further:
- To
understand the rationale for regulation in consideration of systemic
financial collapse and its potential linkage to the Northern Rock case
- To
understand the financial and economic consequences of authority
intervention post LLR support to the banking industry and the domestic
economy
- To
understand how banks are involved in an economy to provoke lender of
last resort (LLR) and support measures given negative externality and
market failure arguments.
- 14,000
words –
65 pages in length
- Excellent
use of
literature
- Good
in depth analysis
- Well
written throughout
- Interesting
subject topic
- Ideal
for finance and
business students
Chapter 1 - Introduction
and Objectives of
the Study
Introduction and
Objectives of the Study
The Purpose of
the Study
The Organisation
of the Study
Chapter
2 - Research
Methodology
Introduction
The
Methodological Approach: Case Studies
Focus of the
Study - Undertaking the Research
Validity,
Reliability and Scope of the Study
Chapter
3 - Conceptual
Framework
Introduction
The Importance of
Systemic Events and Contagion in
This Study
Definition of
Market Failure
Understanding of
the Rationale of Banking Regulation
Chapter
4 - Literature
Review - a Discourse into the Justification of Regulatory intervention
Introduction
The Debate on
Bank Failure Approach
Lender of Last
Resort Controversies
Contagion,
Insurance and Moral Hazard
Chapter
5 - The Post
Economic Costs of the Scandinavian and Japanese Banking Crises
Introduction
Scandinavian
Banking Crisis
Japanese Banking
Crisis
Chapter
6 - Conclusions and
Recommendations: Acting as LLR to Northern Rock – a
Justifiable
Reprieve
References
Appendices
1. Select reference number fin0020
from the dropdown list
2. Click the PayPal button
3. Click the "Click Here" button on the PayPal page to submit your
credit/debit card payment
4. We will email your chosen dissertation in PDF format within 24 hours
|
