The credit crunch hit the Dutch banking sector hard. A substantial number of banks needed government support to survive and they suffered heavy losses. Banking risk management had been a priority before the credit crunch, but its importance has become even more apparent in the past few years....

The policy changes and structural reforms in transition economies over the past two decades have created exogenous variations in institutional development, which offers us an ideal natural experiment to analyse the causal effects of institutions on bank risk-taking behaviour. This paper examines...

This book provides new interdisciplinary and comparative answers as to why banking sectors in 'liberal' and 'coordinated' market economies operated under a shared set of rules during the Global Financial Crisis. Exploring the role of complex interactions among interdependent structures,...