Market-Based Banking and the International Financial Crisis by Iain Hardie

This edited volume offers a study of national banking systems and explains how banking developed in the years preceding the international financial crisis that erupted in 2007. Its analysis of market-based banking shows the impact of the financial crisis in eleven developed economies, including all of the G7 economies.

Iain Hardie is a Lecturer in International Political Economy in the School of Social and Political Sciences at the University of Edinburgh. Prior to embarking on an academic career, Dr Hardie worked in investment banking in London and Hong Kong for over fifteen years, specialising in emerging bond markets. His PhD (2007) and first book examine the links between the financialization of government bond markets and emerging market government policy autonomy. He also works with Professor Donald Mackenzie on the sociology of financial markets. David Howarth is Professor in Political Economy at the University of Luxembourg. Until September 2012, he was a Jean Monnet Chair at the University of Edinburgh. He has written widely on European political economy topics, specifically EMU, central banking and, more recently national banking systems. In additional to over 70 journal articles and book chapters on these subjects, Professor Howarth has written The French Road to European Monetary Union (Macmillan 2001), The European Central Bank: The New European Leviathan? (Macmillan 2003 and 2005) (with Peter Loedel) and co-edited At the Frontier of the Single European Market: The Political Economy of Market Integration in the Early Twenty-First Century (Routledge 2011). He is a regular contributor to the Economist Intelligence Unit on European political economy topics.