Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic bank

When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel

Book 2 of The Bells of Lowell. The mill town of Lowell, Massachusetts, beckons Arabella Newberry when she decides to flee the life of the Shakers. There she fin

A sweeping look at the evolution of commercial banks over the past two centuries Commercial banks are among the oldest and most familiar financial institutions.

Overcoming state fragility is one of the most important international development objectives of the 21st century. Many fragile states have turned into failed st