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008			250515s2022 ii b 001 0 eng d
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040			_cCSPC _aCSPC _beng _erda
050	0	0	_aHG173
082	0	0	_a332.15 _bB225
245	0	0	_aBanking across boundaries : _bplacing finance in capitalism / _cedited by Neha Arora.
264		1	_aNew Delhi, India : _bRandom Publications LLP, _c2022 ; Reprint 2023.
300			_aviii, 310 pages ; _c25 cm.
336			_2rdacontent _atext
337			_2rdamedia _aunmediated
338			_2rdacarrier _avolume
504			_aIncludes bibliographical references and index.
505	0		_aBanks as financial intermediaries -- Financial and banking sector -- Banking system reformation -- Fractional reserve banking -- Financial markets and institutions -- Bank regulation -- Credit risk management for banking -- Capital risk management for banking -- Capital market and trade cycle -- Banking issues in the 21st century -- Internet banking in emergency markets.
520			_a"Banking Across Boundaries is a theoretically precise and empirically meticulous work of political economy that grapples seriously with the large-scale spatial patterns and dynamics of capitalist development and adds to our knowledge and understanding of them. A bank's capital, also known as equity, is the margin by which creditors are covered if the bank's assets were liquidated. A measure of a bank's financial health is its capital/asset ratio, which is required to be above a prescribed minimum. In economics, a market is defined as a set of arrangements whereby buyers and sellers come together and enter into contracts to exchange goods or services. An international financial market works on exactly the same principles. Financial instruments and services, which include diverse items such as currencies, private banking services and corporate finance advice, are traded internationally, that is, across national frontiers. In the new millennium, nearly all financial markets in the main1 industrialised economies are international. The main exceptions are retail banking markets and personal stockbroking, but even here there are some global features. Obtaining foreign exchange for holiday makers is a long-established international transaction, and now debit cards issued by banks may be used world-wide, allowing customers to withdraw cash in a local currency. Some foreign banks, if permitted by the authorities, are expanding into retail markets, though currently these institutions tend to offer a few niche products and/or target high net worth individuals. The book nevertheless delves deeply into the histories of banking, from merchant capitalism through the industrial age to the contemporary period of 'financialized' capitalism." -- Back cover
650		0	_aFinance.
650		0	_aBanks and banking.
650		0	_aInternational banking.
650		0	_aInternational finance.
650		0	_aCapitalism.
700	1		_aArora, Neha, _eeditor.
942			_2ddc _n0 _cBK _h332.15 _iB225 _kCIR _m2022
999			_c29587 _d29587