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This book tries to make sense of the entire saga with reference to the management of a credit-based economy. The book borrows from the experiences of various countries during the credit crunch. It also makes use of existing theories about finance generally, and lending in particular. The book is relevant to those that are interest in finance generally. However, it adopts a developmental approach by focusing on the consequences of poor lending policies in terms of wholesale economic collapse.
About the author
Dr. Gulab Chand Ram Jaiswal is Head and Dean at Faculty of Commerce at Banaras Hindi University, Varanasi, India. He has over 30 years of teaching and research experience. He has completed his Ph.D in Finance from Banaras Hindi University, Varanasi, India. He has published several research papers in international and national journals and has also 5 books to his name. He has also chaired many conferences and has also received many awards.
Summary
Borrowing from the experiences of various countries during the credit crunch, this book makes sense of existing theories about finance and lending, adopting a developmental approach to focus on the consquences of poor lending policies and wholesale economic collapse.
