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Why Are There So Many Banking Crises?

Tuesday 21 May, 6pm
Old Theatre, Old Building

The last 20 years have witnessed numerous banking crises. These have had more serious consequences in developing and emerging countries, but the richest countries have also been concerned: the US, Scandinavia, Germany, France, Spain and Japan.

Jean Charles Rochet will speak at this BP Amoco Centennial Professor Lecture on Why Are There So Many Banking Crises?, on Tuesday 21 May at LSE.

Professor Rochet will assess the reasons why commercial banks are so fragile and look at the possible mechanisms of propagation of financial distress among them. He will also focus on the political economy of banking crises and the way in which banking authorities respond to political pressure.

Jean Charles Rochet is Professor of Mathematics and Economics at the University of Toulouse, France, and is currently visiting LSE as the BP Amoco Centennial Professor. He has published widely in the areas of banking supervision and financial regulation, including recent articles for the International Economic Review and the Review of Economic Studies.

This lecture is free and open to all. No ticket required.

Ends

To reserve a press seat, please contact Jessica Winterstein on 020 7955 7318 or email j.winterstein@lse.ac.uk|

8 May 2002

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