What impact did it make?
Turner’s research has had a beneficial impact on policy-making, professional practice, and the historical awareness and knowledge of staff at the Bank of England, particularly with regard to its prudential objectives.
Insights from his research have reached an estimated 125,000 financial analysts across the globe. His book, Banking in Crisis, has sold more than 3,500 copies and has been recognised by the Business Archives Council for the contribution which it has made to the study – academic and professional – of business history.
Since 2014, Turner has been actively helping the Bank of England embed financial history into its policymaking, drawing on his research and expertise accumulated while preparing Banking in Crisis, participating in multiple advisory commitees on banking governance.
‘Banking in Crisis’ was awarded the Wadsworth Prize 2014 by the Business Archives Council. The citation from the prize committee stated the following: “This is both an original and an important book. It provides a lucid analysis and critique of the development of British banking over the last two centuries…Banking in Crisis elucidates with admirable clarity complex financial concepts and debates as context for discussion of the long- term development of British banking…In sum, it is a book that is original, insightful, persuasive, timely and highly readable.”
- Quinn and Turner’s book ‘Boom and Bust – A global History of Financial bubbles’ was named a Financial Times Best Book of the Year’
- By July 2020, Banking in Crisis had sold over 3,500 copies and a Chinese translation of the book was published in spring 2020.
Impact related to the UN Sustainable Development Goals
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Impacting in Countries/Regions
School/InstituteQueen's Management School
- Governance, accountability and international relations
- Intelligent manufacturing and service delivery