Banks of all sorts are troubled institutions. The cost of public bail-outs associated with the subprime crisis in the United States alone may be as high as US$5 trillion. What is the problem with banks? Why do they seem to be at the centre of economic and financial turmoil down through the ages? In this provocative and timely book, Rethel and Sinclair seek answers to these questions, arguing that banks suffer from perennial problems, and that developments in the financial markets and government in recent decades have simply exacerbated these issues.
The Problem With Banks examines...

In this empirically rich collection of essays, a team of leading international scholarsexplore the way that economic transformation is sustained and challenged by everyday practices across Southeast Asia. Drawing together a body of interdisciplinary scholarship, the authors explore how the emergence of more marketized forms of economic policy-making in Southeast Asia impacts everyday life. The book's twelve chapters address topics such as domestic migration, trade union politics in Myanmar, mining in the Philippines, halal food in Singapore, Islamic finance in Malaysia, education reform in...

This book explores the way that forms of economic policymaking are sustained and challenged by everyday practices across Southeast Asia.