Sentance, Andrew; Taylor, Mark P.; Wieladek, Tomasz - In: Journal of International Money and Finance 31 (2012) 1, pp. 102-123
Prior to the global financial crisis of 2008, the UK had the largest banking sector asset to GDP ratio among large countries, and had experienced rapid real property price increases as well as a persistent current account deficit in the preceding decade. These factors, together with its role as...
