The Politicisation of Banking |
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| Authors: | S R Dennison |
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| Affiliation: | Rodney Atkinson is a free-lance writer and now helps run the family business. He was formerly a lecturer at the University of Mainz and has been a senior executive of several merchant banks. |
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| Abstract: | Growing government intervention in the international currency markets has distorted incentives and disguised risks. Rodney Atkinson, formerly an economist with Grindlay's Bank, argues that increasing state interference has led bankers to respond to political, not commercial, signals. Many bankers are now rewarded according to their ability to 'work the system' rather than for economic expertise. |
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