Aristotle, who, having predated Adam Smith by 2000 years, deserves to be recognized as the world's first economist (Solomon, 1995), distinguished between two different senses of what we call economics: oikonomikos, or household trading, which he approved of and considered essential to the working of any even slightly complex society, and chrematisike, or trade for profit, which he considered se...

Universalbanks have long played a leading role in Germany, Switzerland, and other Continental European countries. The principal financial institutions in these countries typically are universal banks offering the entire array of banldng services. Continental European banks are engaged in deposit taldng, real estate and other forms of lending, foreign exchange trading, as well as underwriting, s...

The liquidity crisis in 2008 sparked interest in the role of regulation that could promote resilience and stability in the banking system. While the Public Interest theory suggests that legal policies could discipline banking activities, the Private Interest theory predicts otherwise, which impairs banking performance. The conflicting theories warrant comprehensive research, especially for Isla...

Brief Description. This short paper highlights the interaction between security and usability in e-banking security and presents objectives and difficulties for studies in this field. E-Banking has undoubtedly become a key element in every modern bank's service portfolio during the last two decades. With its initial focus primarily on transactions, e-banking has now progressed towards an advanc...

Banking system is considered as one of the most important economic sectors of every country. Because of the dependency between the performances of different sectors in economy, instability in banking sector will lead to disorder in all the other economic sectors. Marketization can influence banking stability. The primary objective of the present study is to investigate the relationship between ...

This study contributes to the on–going worldwide debate on the future form of banking systems by examining the performance of a socialist ASEAN system—Vietnam—with four other ASEAN but capitalist and transition economies—Thailand, Philippines, Indonesia and China. The study finds that over the 1996–2009 period, the Vietnamese banking system may have performed better than the comparator countrie...

there is no accurate data for the bank cards fraud in iran. but, it seems to be a growing trend in this regard and in the near future it is going to become one of the critical problems in iran's banking system. unfortunately, not enough research works have been done in this field in our country and the banking system requires models that are efficient enough to ensure safe use of bank card...

China’s rapid economic growth over the past three decades has positioned it as one of the major economic powers in the world today. Its real gross domestic product (GDP) has grown at an average rate of 9.9% over this period, which is almost three times the world average. As of mid-2010, China had surpassed Japan to become the second largest economy in the world, behind only the United States. T...

This paper discusses the mediumto long-term perspectives for the Irish banking system. Consistent with the finance-growth literature, financial deepening had a limited impact on growth in Ireland before the crisis and cannot be expected to contribute significantly over the shortto medium-term. The paper documents that, compared to its benchmark, the Irish banking system is still very unbalanced...