Suchergebnisse

Intro -- Regime Changes -- Copyright Page -- Contents -- Contributors -- Introduction -- Chapter 1. Macroeconomic Policy Regimes and Financial Regulation in Europe, 1931-1994 -- Chapter 2. A Sea Change in Economic Governance Across Europe, 1931-1948 -- Chapter 3. The International Monetary System and Domestic Economic Policy -- Chapter 4. "Strong" States and "Cheap" Credit -- Chapter 5. Financial Systems and Industrial Policy in Germany and Great Britain -- Chapter 6. The Role of1930s Regulations in the Development of Financial Markets in Postwar United States, Germany, and Great Britain -- Index.

Since the nineteenth century, there has been an accepted distinction between financial systems that separate commercial and investment banking and those that do not. This comprehensive collection aims to establish how and why financial systems develop, and how knowledge of financial differentiation in the nineteenth century may afford insight into the development of contemporary banking structure. This book poses a systematic challenge to Alexander Gerschenkron's 1950s thesis on universal banks. With contributions from leading scholars such as Ranald Michie and Jaime Reis, this well written book provides solid and intriguing arguments throughout.