European Banks And The Rise Of International Finance

Author : Carlo Edoardo Altamura
Publisher : Taylor & Francis
Page : 276 pages
File Size : 49,9 Mb
Release : 2016-08-12
Category : Business & Economics
ISBN : 9781317276975

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European Banks and the Rise of International Finance by Carlo Edoardo Altamura Pdf

The banking and financial sector has expanded dramatically in the last forty years, and the consequences of this accelerated growth have been felt by people around the world. European Banks and the Rise of International Finance examines the historical origins of the financialised world we live in by analysing the transformations in world finance which occurred in the decade from the first oil crisis of 1973, until the debt crisis of 1982. This a crucial and formative decade for understanding the modern financial landscape, but it is still mostly unexplored in economic and financial history. The availability of new archival evidence has allowed for the re-examination of issues such as the progressive privatisation of international financial flows to Less Developed Countries, especially in Latin America and South-East Asia, and its impact on the expansion of the European banking sector, and for the development of an invaluable financial and political history. This book is well suited for those interested in monetary economics and economic history, as well as those studying international political economy, banking history and Financial history.

Author : Carmen Hofmann,Martin L. Müller
Publisher : Routledge
Page : 222 pages
File Size : 53,5 Mb
Release : 2016-10-04
Category : Business & Economics
ISBN : 9781317213659

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History of Financial Institutions by Carmen Hofmann,Martin L. Müller Pdf

Globalization is not an external force but a result of concrete business decisions made by millions of entrepreneurs and managers across the world. As such, the modern corporation has completely altered the economic landscape; business and finance have shaped the international order of the modern world. History of Financial Institutions contributes to the analysis of how the modern corporation, business and finance have shaped and keep on shaping our world. In a collection of nine succinct essays, this volume looks at the role of finance in European history from the beginning of the 19th century to the period after the Second World War. Archivists and financial historians, who are also leading scholars of banking and financial history, investigate the ways in which the international post-war order developed. They draw on often hitherto unused archival sources from central banks and other institutions to reveal the unique histories of a variety of European countries and the paths that have led to the contemporary economic and financial system. The collection includes reflections on (monetary) stabilization, inflation, hyperinflation, globalization and public relations in banking and commerce. This book is essential reading for banking and finance executives, as well as policy makers with a historical interest. It will also be of importance to academics with a particular interest in economic history, financial or banking history, and European history.

Author : Charles H. Feinstein
Publisher : Clarendon Press
Page : 554 pages
File Size : 50,9 Mb
Release : 1995-09-28
Category : Business & Economics
ISBN : 0191521663

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Banking, Currency, and Finance in Europe Between the Wars by Charles H. Feinstein Pdf

The financial history of interwar Europe was dominated by catastrophic episodes of hyper-inflation, dramatic exchange rate crises, massive and destabilizing movements of gold and capital, and extensive banking failures. In their attempt to restore and sustain the gold standard as the basis of the international monetary system, many countries were compelled to resort to deflationary fiscal and monetary policies of exceptional severity. The policies thus adopted in the 1920s were a major cause of the Great Depression of 1929-33; and this in turn exerted a powerful influence on the subsequent political and economic history of the 1930s. This collection of essays is the work of an international network of economic historians from Europe and the United States convened by the European Science Foundation. It brings together, in an accessible style, current knowledge and understanding of the nature and effects of these developments in banking, currency, and finance in the interwar period. The topics are examined at three levels. In Part I a substantial introductory survey of the central issues over the entire period is followed by special studies of the banking crises, the global capital flows, and the interrelationship of economic and political policies, with each of these themes considered in an international perspective. Part II is devoted to illuminating comparative analyses of the financial and exchange policies of pairs of countries; France and Italy, Britain and Germany, Sweden and Finland, and Belgium and France. In Part III the essays move to the level of individual countries and each contributor explores topics such as the form and efficacy of official banking and monetary policies, the role of the central bank, movements in the money supply and prices, the relationship between the banks and the industrial sector, changes in exchange rates and foreign capital investment. The volume covers all the major countries, and also makes available the results of recent research on banking and finance in smaller countries, such as Spain, Austria, Norway, Poland, Portugal, Bulgaria, and Ireland. The questions addressed by this book, and the temes and patterns it reveals, are relevant both to economic and political historians of the years between the two world wars, and to those interested in contemporary banking and financial problems.

Author : Charles P. Kindleberger
Publisher : Routledge
Page : 558 pages
File Size : 50,7 Mb
Release : 2015-06-03
Category : Business & Economics
ISBN : 9781136805776

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A Financial History of Western Europe by Charles P. Kindleberger Pdf

This is the first history of finance - broadly defined to include money, banking, capital markets, public and private finance, international transfers etc. - that covers Western Europe (with an occasional glance at the western hemisphere) and half a millennium. Charles Kindleberger highlights the development of financial institutions to meet emerging needs, and the similarities and contrasts in the handling of financial problems such as transferring resources from one country to another, stimulating investment, or financing war and cleaning up the resulting monetary mess. The first half of the book covers money, banking and finance from 1450 to 1913; the second deals in considerably finer detail with the twentieth century. This major work casts current issues in historical perspective and throws light on the fascinating, and far from orderly, evolution of financial institutions and the management of financial problems. Comprehensive, critical and cosmopolitan, this book is both an outstanding work of reference and essential reading for all those involved in the study and practice of finance, be they economic historians, financial experts, scholarly bankers or students of money and banking. This groundbreaking work was first published in 1984.

Author : Jaime Reis
Publisher : Routledge
Page : 266 pages
File Size : 43,8 Mb
Release : 2016-04-01
Category : History
ISBN : 9781317050520

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State and Financial Systems in Europe and the USA by Jaime Reis Pdf

During the twentieth century the financial sector became possibly the most regulated area of the economy in many advanced and developing countries. The interwar years represented the defining moment for the escalation of governments' intervention, turning the State into the core of financial systems in its capacity of regulator, supervisor or owner. The essays in this collection shed light on different aspects of the experience of financial regulation, ownership and deregulation in Europe and the USA from a secular historical perspective. The volume's chapters explore how the political economy of finance changed in the nineteenth and twentieth centuries and how such changes were related to shifting attitudes towards globalization. They also investigate how regulation responded to governance problems of financial intermediaries and markets, and how different legal frameworks and institutional architectures influenced such response. The collection engages with a set of issues as diverse as they are interrelated across countries and over time: the regulatory attitude of British authorities toward the banking system and the stock exchange market in the nineteenth and twentieth centuries; the comparative evolution of bankruptcy laws and procedures; the link between state, regulation and governance in the evolution of the US and French financial systems; the emergence of banking regulation and supervision by central banks; the regulation and supervision of international financial markets since the 1950s; and the connection between deregulation and banking crises at the end of the past century. Taken as a whole, the chapters offer an intriguing insight into the differing ways western countries approached and responded to the challenges of the international financial system, and the legacy of this on the modern world. In so doing the volume holds up to historical scrutiny the debate as to whether overt state regulation of financial markets always has a negative affect on economic growth, or whether it can be an essential tool for developing nations in their efforts to expand their economies.

Author : Larry Neal
Publisher : Cambridge University Press
Page : 377 pages
File Size : 41,6 Mb
Release : 2015-10-22
Category : Business & Economics
ISBN : 9781107034174

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A Concise History of International Finance by Larry Neal Pdf

A comprehensive survey of international financial history across three thousand years that reveals how previous crises were successfully overcome.

Author : Paul J.J. Welfens,Cillian Ryan
Publisher : Springer Science & Business Media
Page : 411 pages
File Size : 41,9 Mb
Release : 2011-02-14
Category : Business & Economics
ISBN : 9783642162749

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Financial Market Integration and Growth by Paul J.J. Welfens,Cillian Ryan Pdf

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

Author : P. G. A. Howells,Keith Bain
Publisher : Unknown
Page : 500 pages
File Size : 54,7 Mb
Release : 1998
Category : Banks and banking
ISBN : MINN:31951P00633777D

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Money, Banking and Finance by P. G. A. Howells,Keith Bain Pdf

Includes three extended case studies at the end of the book drawn from the "Financial Times", and a comparative section on financial systems with chapters on UK, US, German, French and Italian systems. It also includes changes in regulation of the City and independence of the Bank of England.

Author : Stefano Battilossi,Youssef Cassis
Publisher : Oxford University Press, USA
Page : 274 pages
File Size : 42,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 0199250278

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European Banks and the American Challenge by Stefano Battilossi,Youssef Cassis Pdf

This text focuses on the international banking revolution of the 1960s and provides a fresh historical perspective on the foundations of the subsequent financial globalization. The contributors address four main issues: the revival of London as a world financial centre; the emergence of Euro-banking as a new frontier of growth for credit institutions; the competitive challenge brought home by American banks to their European counterparts; and the strategic response by British and Continental banks.

Author : Youssef Cassis
Publisher : Cambridge University Press
Page : 21 pages
File Size : 48,5 Mb
Release : 2010
Category : Banks and banking
ISBN : 9780521845359

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Capitals of Capital by Youssef Cassis Pdf

`...useful reading for anyone interested in the antecedents of today's vibrant international financial markets.'

Author : Roman Matoušek,Daniel Stavárek
Publisher : Routledge
Page : 361 pages
File Size : 41,7 Mb
Release : 2012-03-15
Category : Business & Economics
ISBN : 9781136339691

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Financial Integration in the European Union by Roman Matoušek,Daniel Stavárek Pdf

This edited collection assesses the level of financial integration in the European Union (EU) and the differences across the countries and segments of the EU financial system. Progress in financial integration is key to the EU’s economic growth and competitiveness and although it has advanced substantially, the process is still far from completion. This book focuses on the pace of financial integration in the EU with special emphasis on the new EU Member States and investigates their progress in comparison with ‘old’ EU countries. The book is the first of its kind to include and evaluate the effects of the global financial crisis on the process of EU financial integration. In particular, the book’s contributors address the issue of whether a high degree of financial integration contributed to the intensification of the financial crisis, or whether a low level of integration prevented countries and financial industries from some of the negative effects of the crisis. Although most of the chapters apply contemporary econometric tools, the technical part is always reduced to indispensable minimum and the emphasis is given to economic interpretation of the results. The book aims to offer an up to date and insightful examination of the process of financial integration in the EU today.

Author : Youssef Cassis,Giuseppe Telesca
Publisher : Oxford University Press
Page : 271 pages
File Size : 55,8 Mb
Release : 2018-07-26
Category : Business & Economics
ISBN : 9780191085543

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Financial Elites and European Banking by Youssef Cassis,Giuseppe Telesca Pdf

What role have the financial elites in European societies and markets played over time? What was their contribution to the recent financial collapse, and how does this compare to previous crises? How have financial elites adjusted to, or influenced, the evolution of the financial system's regulatory framework over time? Financial Elites and European Banking: Historical Perspectives is a collection of essays dedicated to the European financial elites and the current debate on the role of experts within society. The ambiguities of the globalized economy over the last thirty years, epitomized by growing levels of inequality, have generated a feeling of distrust towards experts. Financial elites have become one of the most scrutinized targets of negative public opinion, triggered by the financial crisis, the high compensations enjoyed both before and after the collapse of Lehman Brothers, and the obscure nature of their activity. Financial Elites in European Banking presents historical comparisons and country and cross-country case studies on financial elites' adaption and contribution to the transformation of regulatory and cultural context in the wake of a crisis.

Author : Youssef Cassis
Publisher : Cambridge University Press
Page : 468 pages
File Size : 46,7 Mb
Release : 2002-06-20
Category : Biography & Autobiography
ISBN : 0521893739

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Finance and Financiers in European History 1880-1960 by Youssef Cassis Pdf

A highly distinguished team of contributors addresses the complex and crucial role of finance in European history during the period 1880-1960.

Author : Vitor Gaspar,Philipp Hartmann,Olaf Sleijpen
Publisher : Unknown
Page : 334 pages
File Size : 45,6 Mb
Release : 2003-01-01
Category : Banks and banking
ISBN : 9291813486

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The Transformation of the European Financial System by Vitor Gaspar,Philipp Hartmann,Olaf Sleijpen Pdf

Author : Youssef Cassis,P. L. Cottrell
Publisher : Oxford University Press, USA
Page : 316 pages
File Size : 43,9 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780198735755

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Private Banking in Europe by Youssef Cassis,P. L. Cottrell Pdf

For centuries private bankers owned and managed their banks, usually with unlimited liability. In the mid-19th century they faced increasing competition. This book traces the rise and decline of this original form of banking, and its revival in the late 20th century as a response to the development of a new market - the management of personal wealth.