History Of Financial Institutions

Author : Carmen Hofmann,Martin L. Müller
Publisher : Routledge
Page : 222 pages
File Size : 42,7 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 : Richard Hildreth
Publisher : Unknown
Page : 160 pages
File Size : 49,5 Mb
Release : 1837
Category : Business & Economics
ISBN : UOM:39015025021307

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The History of Banks by Richard Hildreth Pdf

Also attributed to John H. Eastburn.

Author : Howard Bodenhorn
Publisher : Cambridge University Press
Page : 286 pages
File Size : 44,7 Mb
Release : 2000-02-13
Category : Business & Economics
ISBN : 0521669995

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A History of Banking in Antebellum America by Howard Bodenhorn Pdf

Professor Bodenhorn reveals how America was served by an efficient system of financial intermediaries by the mid-nineteenth century.

Author : Jeremy Atack,Larry Neal
Publisher : Cambridge University Press
Page : 497 pages
File Size : 50,7 Mb
Release : 2009-03-16
Category : Business & Economics
ISBN : 9781139477048

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The Origins and Development of Financial Markets and Institutions by Jeremy Atack,Larry Neal Pdf

Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.

Author : Herman Edward Krooss,Martin R. Blyn
Publisher : Unknown
Page : 280 pages
File Size : 40,6 Mb
Release : 1971
Category : Business & Economics
ISBN : UCSC:32106000978392

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A History of Financial Intermediaries by Herman Edward Krooss,Martin R. Blyn Pdf

Author : Kazuhiko Yago
Publisher : Routledge
Page : 266 pages
File Size : 41,8 Mb
Release : 2013-01-03
Category : Business & Economics
ISBN : 9781135098360

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The Financial History of the Bank for International Settlements by Kazuhiko Yago Pdf

The Bank for International Settlements (BIS), founded in 1930, works as the "Bank for Central Banks". The BIS is an international forum where central bankers and officials gather to cope with international financial issues, and a bank which invests the funds of the member countries. This book is a historical study on the BIS, from its foundation to the 1970s. Using archival sources of the Bank and financial institutions of the member countries, this book aims to clarify how the BIS faced the challenges of contemporary international financial system. The book deals with following subjects: Why and how the BIS has been founded? How did the BIS cope with the Great Depression in the 1930s? Was the BIS responsible for the looted gold incident during WWII? After the dissolution sentence at the Bretton Woods Conference in 1944, how did the BIS survive? How did the BIS act during the dollar crisis in the 1960s and the 1970s? A thorough analysis of the balance sheets supports the archival investigation on the above issues. The BIS has been, and is still an institution which proposes an "alternative views": crisis manager under the Great Depression of the 1930s, peace feeler during the WWII, market friendly bank in the golden age of the Keynesian interventionism, and crisis fighter during the recent world financial turmoil. Harmonizing the methodology of economic history, international finances and history of economic thoughts, the book traces the past events to the current world economy under financial crisis.

Author : Youssef Cassis,Richard S. Grossman,Catherine R. Schenk
Publisher : Oxford University Press
Page : 552 pages
File Size : 41,9 Mb
Release : 2016-06-23
Category : Business & Economics
ISBN : 9780191633218

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The Oxford Handbook of Banking and Financial History by Youssef Cassis,Richard S. Grossman,Catherine R. Schenk Pdf

The financial crisis of 2008 aroused widespread interest in banking and financial history among policy makers, academics, journalists, and even bankers, in addition to the wider public. References in the press to the term 'Great Depression' spiked after the failure of Lehman Brothers in November 2008, with similar surges in references to 'economic history' at various times during the financial turbulence. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. How severe was the financial crash? Was it, in fact, the most severe financial crisis since the Great Depression? Were its causes unique or part of a well-known historical pattern? And have financial crises always led to severe depressions? Historical reflection on the recent financial crises and the long-term development of the financial system go hand in hand. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Nineteen highly regarded experts present chapters on the economic and financial side of banking and financial activities, primarily though not solely in advanced economies, in a long-term comparative perspective. In addition to paying attention to general issues, not least those related to theoretical and methodological aspects of the discipline, the volume approaches the banking and financial world from four distinct but interrelated angles: financial institutions, financial markets, financial regulation, and financial crises.

Author : Even Lange,Ulf Olsson,Iain L. Fraser
Publisher : Routledge
Page : 366 pages
File Size : 53,6 Mb
Release : 2016-12-05
Category : Business & Economics
ISBN : 9781351952934

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Centres and Peripheries in Banking by Even Lange,Ulf Olsson,Iain L. Fraser Pdf

This volume presents a broad investigation into the relationship between the centre and the periphery in banking. Focusing on the historical development of financial markets, from their emergence in the early modern period to today's global financial and capital markets, the chapters investigate how local, national and international relationships have affected and helped shape the banking industry over three-hundred years. This wide-ranging discussion in time and place is provided by a group of international experts, encompassing bankers, economists, economic historians and historians, and will be of interest to all those with a scholarly or professional interest in the development of financial institutions.

Author : Richard S. Grossman
Publisher : Princeton University Press
Page : 406 pages
File Size : 48,9 Mb
Release : 2020-05-26
Category : Business & Economics
ISBN : 9780691202785

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Unsettled Account by Richard S. Grossman Pdf

A sweeping look at the evolution of commercial banks over the past two centuries Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises come from and why certain banking systems are more resistant to crises than others, how governments and financial systems respond to crises, why merger movements suddenly take off, and what motivates governments to regulate banks. Grossman reveals that many of the same components underlying the history of banking evolution are at work today. The recent subprime mortgage crisis had its origins, like many earlier banking crises, in a boom-bust economic cycle. Grossman finds that important historical elements are also at play in modern bailouts, merger movements, and regulatory reforms. Unsettled Account is a fascinating and informative must-read for anyone who wants to understand how the modern commercial banking system came to be, where it is headed, and how its development will affect global economic growth.

Author : R Naylor
Publisher : Lorimer
Page : 0 pages
File Size : 53,5 Mb
Release : 1975-01-01
Category : Business & Economics
ISBN : 0888620926

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The History of Canadian Business, Volume I by R Naylor Pdf

This comprehensive two-volume history of Canadian business is a detailed account of the development of commerce and industry in the formative period from Confederation to the First World War. Most of author Tom Naylor's information, gathered from contemporary sources and particularly the business press, is recorded here for the first time. This research has led him to offer a fundamental reinterpretaion of Canadian business and economic history which is bound to generate worldwide controversy. In Volume I on the banks and finance capital, the story of the growth of the Canadian chartered banking system is told in detail. Included is an analysis of the many bank failures, and an explanation of the techniques used successfully by the largest chartered banks to dominate banking and finance in the new confederation. Several chapters deal with hitherto unrecorded facets of the development of the financial system of Canada, the major financial institutions and the types of operations they financed. Volume II deals mainly with the development of manufacturing and industry. The rapid growth of foreign branch plants which followed the National Policy is examined in detail, as are business assistance measures like patent laws, tariffs, government subsidies and municipal 'bonusing'. Nayloroffers detailed accounts of the rise of big business through the formation of cartels and mergers assembled out of smaller independent operations. These two volumes offer a completely new perspective on the development of the Canadian economy. They cast important new light on the historical forces which lie behind many pressing currrent economic and political issues.

Author : Gerard Caprio,Jonathan L. Fiechter,Robert E. Litan
Publisher : Rowman & Littlefield
Page : 396 pages
File Size : 54,8 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780815717065

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The Future of State-Owned Financial Institutions by Gerard Caprio,Jonathan L. Fiechter,Robert E. Litan Pdf

Research suggests that if the majority of a country's financial institutions are owned by the state, that country will experience slower financial development, less efficient financial systems, less private sector credit, and slower GDP growth. Yet more than 40 percent of the world's population live in countries in which public sector institutions dominate the banking system. In The Role of State-Owned Financial Institutions: Policy and Practice noted experts discuss the challenges presented by state-owned financial institutions and offer cross-disciplinary solutions for policymakers and banking regulators. The issues include: methods for effectively managing, reforming, and privatizing state-owned banks; the fiscal costs and contingent liabilities of state-owned banks; macroeconomic implications and the impact of state-owned banking on access to credit in an economy; guidance for effective supervision of state-owned banks; managerial perspectives on improving products, human resources, and risk; management case studies of different methods of privatization, such as initial public offerings, employee stock ownership plans, and strategic investors Contributors include David Binns (Beyster Institute), Robert Cull (World Bank), Ron Gilbert (ESOP Services), James A. Hanson (World Bank), Richard Hemming (International Monetary Fund), Fred Huibers (ING Research), Arminio Fraga (formerly Central Bank of Brazil), Nicholas Lardy (Institute for International Economics), David Marston (International Monetary Fund), Moody's Global Investor Service, Herman Mulder (ABN-Amro), William Nichol (Deutsche Bank AG), Urjit Patel (Infrastructure Development Finance Company, India), and P. S. Srinivas (World Bank).

Author : Charles P. Kindleberger
Publisher : Routledge
Page : 558 pages
File Size : 53,5 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 : Clifford N. Rosenthal
Publisher : FriesenPress
Page : 544 pages
File Size : 55,6 Mb
Release : 2018
Category : History
ISBN : 9781525536625

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Democratizing Finance by Clifford N. Rosenthal Pdf

Decades before Occupy Wall Street challenged the American financial system, activists began organizing alternatives to provide capital to “unbankable” communities and the poor. With roots in the civil rights, anti-poverty, and other progressive movements, they brought little training in finance. They formed nonprofit loan funds, credit unions, and even a new bank—organizations that by 1992 became known as “community development financial institutions,” or CDFIs. By melding their vision with that of President Clinton, CDFIs grew from church basements and kitchen tables to number more than 1,000 institutions with billions of dollars of capital. They have helped transform community development by providing credit and financial services across the United States, from inner cities to Native American reservations. Democratizing Finance traces the roots of community development finance over two centuries, a history that runs from Benjamin Franklin, through an ill-starred bank for African American veterans of the Civil War, the birth of the credit union movement, and the War on Poverty. Drawn from hundreds of interviews with CDFI leaders, presidential archives, and congressional testimony, Democratizing Finance provides an insider view of an extraordinary public policy success. Democratizing Finance is a unique resource for practitioners, policymakers, researchers, and social investors.

Author : Harold James
Publisher : Routledge
Page : 192 pages
File Size : 42,8 Mb
Release : 2015-10-06
Category : Business & Economics
ISBN : 9781317317654

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Financial Innovation, Regulation and Crises in History by Harold James Pdf

With contributions from world-renowned figures such as Niall Ferguson and Adair Turner, this volume investigates how financial institutions and markets have undergone or reacted to past pressures, and the regulatory responses that emerged as a result.

Author : Tim Todd
Publisher : Unknown
Page : 128 pages
File Size : 49,5 Mb
Release : 2022-01-03
Category : Electronic
ISBN : 0974480967

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A Great Moral and Social Force by Tim Todd Pdf

This publication offers a historical consideration of Black banking in the United States by focusing on some of the key individuals, banks and communities. While it is in no way a comprehensive history, it does include background that is essential to understanding each financial institution, its time, the events that led to its creation and the community of which it was not only a vital part, but very often a leader. Much of this history frames the world we find today.