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by John O. S. Wilson (Author), John Goddard (Author)
Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry's investment played a key role in enhancing national economic growth in the early 21st century. The global financial crisis in 2007 revealed the banking world's feet of clay.
John Wilson is Professor of Banking and Finance and Director of Research in the Management School at the University of St Andrews. He is also Director of The Centre for Responsible Banking and Finance. His books include European Banking: Efficiency, Technology and Growth (Wiley, 2001) and The Economics of Business Strategy (Prentice Hall, 2003) He co-edited the Oxford Handbook of Banking (with Allen Berger and Phil Molyneux) (OUP, 2009).
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