U S Bank Deregulation In Historical Perspective

Author : Charles W. Calomiris
Publisher : Cambridge University Press
Page : 392 pages
File Size : 54,7 Mb
Release : 2006-11-02
Category : Business & Economics
ISBN : 9780521028387

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U.S. Bank Deregulation in Historical Perspective by Charles W. Calomiris Pdf

This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-customer relationships. Over the past two decades the characteristics that had made American banks different from other banks throughout the world--a fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer--virtually have been eliminated. Understanding the origins and persistence of the unique banking regulations that defined U.S. banking for over a century lends an important perspective on the economic and political causes and consequences of the current process of deregulation.

Author : Lisa Dietzen
Publisher : Unknown
Page : 0 pages
File Size : 51,5 Mb
Release : 1998
Category : Banking law
ISBN : OCLC:1434417593

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The deregulation of banking by Lisa Dietzen Pdf

Author : Alexis Drach,Youssef Cassis
Publisher : Oxford University Press
Page : 240 pages
File Size : 51,8 Mb
Release : 2021-05-20
Category : Business & Economics
ISBN : 9780192598967

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Financial Deregulation by Alexis Drach,Youssef Cassis Pdf

A wave of liberalization swept the developed world at end of the twentieth century. From the 1970s and 1980s onwards, most developed countries have passed various measures to liberalize and modernize the financial markets. Each country had its agenda, but most of them have experienced, to a different extent, a change in regulatory regime. This change, often labeled deregulation and associated with the advent of neoliberalism, was sharply contrasting with the previous era of the Bretton Woods system, which has sometimes been portrayed as an era of financial repression. On the other hand, a quick glance at financial regulation today - at the amount of paper it produces, at its complexity, at the number of people involved, and at the resources invested in it - is enough to say that, somehow, there is more regulation today than ever before. In the new system, financial regulation has taken unprecedented importance. As more archival material is becoming available, a better understanding of the fundamental changes in the regulatory environment towards the end of the twentieth century is now possible. What kind of change exactly was deregulation? Did competition between financial regulators lead to a race to the bottom in regulation? Is deregulation responsible for the recurring financial crises which seem to have characterised the international financial system since the 1980s? The movement towards a more liberal regulatory regime was neither linear nor simple. This book - a collection of chapters studying deregulation in various countries and contexts - examines the national and international pathways of deregulation by providing an in-depth analysis of a short but crucial period in a few major countries.

Author : Jill M. Hendrickson
Publisher : Springer
Page : 296 pages
File Size : 45,8 Mb
Release : 2010-12-08
Category : Political Science
ISBN : 9780230295131

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Regulation and Instability in U.S. Commercial Banking by Jill M. Hendrickson Pdf

The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.

Author : Michael D. Bordo,William Roberds
Publisher : Cambridge University Press
Page : 453 pages
File Size : 53,6 Mb
Release : 2013-03-25
Category : Business & Economics
ISBN : 9781107328402

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The Origins, History, and Future of the Federal Reserve by Michael D. Bordo,William Roberds Pdf

This book contains essays presented at a conference held in November 2010 to mark the centenary of the famous 1910 Jekyll Island meeting of leading American financiers and the US Treasury. The 1910 meeting resulted in the Aldrich Plan, a precursor to the Federal Reserve Act that was enacted by Congress in 1913. The 2010 conference, sponsored by the Federal Reserve Bank of Atlanta and Rutgers University, featured assessments of the Fed's near 100-year track record by prominent economic historians and macroeconomists. The final chapter of the book records a panel discussion of Fed policy making by the current and former senior Federal Reserve officials.

Author : Nancy L. Rose
Publisher : University of Chicago Press
Page : 619 pages
File Size : 46,8 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780226138169

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Economic Regulation and Its Reform by Nancy L. Rose Pdf

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Author : Hartmut Berghoff,Jürgen Kocka,Dieter Ziegler
Publisher : Cambridge University Press
Page : 261 pages
File Size : 41,9 Mb
Release : 2013-01-28
Category : Business & Economics
ISBN : 9781107016958

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Business in the Age of Extremes by Hartmut Berghoff,Jürgen Kocka,Dieter Ziegler Pdf

This collection of essays explores the impact that nationalism, capitalism, and socialism had on economics during the first half of the twentieth century. Focusing on Central Europe, contributors examine the role that businesspeople and enterprises played in Germany's and Austria's paths to the catastrophe of Nazism. Based on new archival research, the essays gathered here ask how the business community became involved in the political process and describes the consequences arising from that involvement. Particular attention is given to the responses of individual businesspeople to changing political circumstances and their efforts to balance the demands of their consciences with the pursuit for profit.

Author : Geoffrey Wood,Terence Mills,Nicholas Crafts
Publisher : Routledge
Page : 388 pages
File Size : 43,5 Mb
Release : 2011-05-11
Category : Business & Economics
ISBN : 9781136835315

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Monetary and Banking History by Geoffrey Wood,Terence Mills,Nicholas Crafts Pdf

Forrest Capie is an eminent economic historian who has published extensively on a wide range of topics, with an emphasis on banking and monetary history, particularly in the nineteenth and twentieth centuries, but also in other areas such as tariffs and the interwar economy. He is a former editor of the Economic History Review, one of the leading academic journals in this discipline. Under the steely editorship of Geoffrey Wood, this book brings together a stellar line of of contributors - including Charles Goodhart, Harold James, Michael Bordo, Barry Eichengreen, Charles Calomiris, and Anna Schwartz. The book analyzes many of the mainstream themes in economic and financial history - monetary policy, international financial regulation, economic performance, exchange rate systems, international trade, banking and financial markets - where historical perspectives are considered important. The current wave of globalisation has stimulated interest in many of these areas as ‘lessons of history’ are sought. These themes also reflect the breadth of Capie’s work in terms of time periods and topics.

Author : Frederic Delano Grant, Jr.
Publisher : Martinus Nijhoff Publishers
Page : 378 pages
File Size : 42,9 Mb
Release : 2014-09-25
Category : Law
ISBN : 9789004276567

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The Chinese Cornerstone of Modern Banking by Frederic Delano Grant, Jr. Pdf

Modern bank insurance is traced to its roots in The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933. Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance. The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.

Author : Christopher Kobrak,Mira Wilkins
Publisher : Routledge
Page : 152 pages
File Size : 54,9 Mb
Release : 2014-06-11
Category : Business & Economics
ISBN : 9781317981657

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History and Financial Crisis by Christopher Kobrak,Mira Wilkins Pdf

One striking weaknesses of our financial architecture, which helped bring on and perhaps deepen the Panic of 2008, is an inadequate appreciation of the past. Information about how the system functioned and the reliability of organizations and institutional controls were drawn from a relatively narrow group of recent examples. History and Financial Crisis: Lessons from the 20th Century is an attempt to broaden the range of historical sources used by policy makers to understand and treat financial crises. Many recent discussions of the 2008 panic and the economic turmoil have found the situation to either be unprecedented or greatly similar to that of 1931. However, the book's wide range of contributors suggest that the economic crisis of 2008 cannot be categorised in this way. This book was originally published as a special issue of Business History.

Author : Margarita S. Brose,Mark D. Flood,Dilip Krishna,Bill Nichols
Publisher : Cambridge University Press
Page : 659 pages
File Size : 49,5 Mb
Release : 2014
Category : Financial institutions
ISBN : 9781107012011

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Handbook of Financial Data and Risk Information I by Margarita S. Brose,Mark D. Flood,Dilip Krishna,Bill Nichols Pdf

Volume I examines the business and regulatory context that makes risk information so important. A vast set of quantitative techniques, internal risk measurement and governance processes, and supervisory reporting rules have grown up over time, all with important implications for modeling and managing risk information. Without an understanding of the broader forces at work, it is all too easy to get lost in the details. -- Back cover.

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
Page : 417 pages
File Size : 53,7 Mb
Release : 2013-10-10
Category : Business & Economics
ISBN : 9780806150260

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Banking in Oklahoma Before Statehood by Michael J. Hightower Pdf

This lively book takes Oklahoma history into the world of Wild West capitalism. It begins with a useful survey of banking from the early days of the American republic until commercial patterns coalesced in the East. It then follows the course of American expansion westward, tracing the evolution of commerce and banking in Oklahoma from their genesis to the eve of statehood in 1907. Banking in Oklahoma before Statehood is not just a story of men sitting behind desks. Author Michael J. Hightower describes the riverboat trade in the Arkansas and Red River valleys and freighting on the Santa Fe Trail. Shortages of both currency and credit posed major impediments to regional commerce until storekeepers solved these problems by moving beyond barter to open ad hoc establishments known as merchant banks. Banking went through a wild adolescence during the territorial period. The era saw robberies and insider shenanigans, rivalries between banks with territorial and national charters, speculation in land and natural resources, and land fraud in the Indian Territory. But as banking matured, the better-capitalized institutions became the nucleus of commercial culture in the Oklahoma and Indian Territories. To tell this story, the author blends documentary historical research in both public and corporate archives with his own interviews and those that WPA field-workers conducted with old-timers during the New Deal. Bankers were never far from the action during the territorial period, and the institutions they built were both cause and effect of Oklahoma’s inclusion in national networks of banking and commerce. The no-holds-barred brand of capitalism that breathed life into the Oklahoma frontier has remained alive and well since the days of the fur traders. As one knowledgable observer said in the 1980s, “You’ve always had the gambling spirit in Oklahoma.”

Author : Anonim
Publisher : Springer
Page : 7493 pages
File Size : 50,7 Mb
Release : 2016-05-18
Category : Law
ISBN : 9781349588022

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The New Palgrave Dictionary of Economics by Anonim Pdf

The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Author : Oxford University Press
Publisher : Oxford University Press on Demand
Page : 2812 pages
File Size : 44,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 9780195105070

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The Oxford Encyclopedia of Economic History by Oxford University Press Pdf

"While many dictionaries of economics are available for purchase, this title is unique because of its greater depth of treatment. It offers histories and backgrounds on a significant number of economic topics, not only for the United States but also for other countries and geographic regions. Entries cover such topics as economic concepts; markets and industries; economic development in various countries; biographical essays on key people in economics and business; business products, including coffee, gas, and oil; and the economic aspects of historical events and time periods, including the Great Depression."--"The Top 20 Reference Titles of the Year," American Libraries, May 2004.

Author : Anonim
Publisher : Academic Press
Page : 635 pages
File Size : 52,7 Mb
Release : 2012-12-17
Category : Business & Economics
ISBN : 9780124058989

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Handbook of Key Global Financial Markets, Institutions, and Infrastructure by Anonim Pdf

Understanding twenty-first century global financial integration requires a two-part background. The Handbook of Key Global Financial Markets, Institutions, and Infrastructure begins its description of how we created a financially-intergrated world by first examining the history of financial globalization, from Roman practices and Ottoman finance to Chinese standards, the beginnings of corporate practices, and the advent of efforts to safeguard financial stability. It then describes the architecture itself by analyzing its parts, such as markets, institutions, and infrastructure. The contributions of sovereign funds, auditing regulation, loan markets, property rights, compensation practices, Islamic finance, and others to the global architecture are closely examined. For those seeking substantial, authoritative descriptions and summaries, this volume will replace books, journals, and other information sources with a single, easy-to-use reference work. Substantial articles by top scholars sets this volume apart from other information sources Diverse international perspectives result in new opportunities for analysis and research Rapidly developing subjects will interest readers well into the future