By looking at a wide range of industrialized economies, including England, Belgium, Spain, Italy, Argentina, the United States, and "late developers" such as Russia, this book aims to show how important the state was in the development of financial systems. It examines the various factors that contributed to the emergence of diverse financial systems, and through comparative historical analysis draws together general themes, such as the inter-country differences in the mix of public and private finance, to produce a book that makes an unique contribution to financial and economic history.
By looking at a wide range of industrialized economies, including England, Belgium, Spain, Italy, Argentina, the United States, and "late developers" ...
Economic globalization has intensified on the basis of new international links, especially in the field of foreign direct investment, financial capital flows and telecommunications liberalization. These and other developments have reinforced international interdependence and raise new issues for international organizations as well as for strategic behavior of major actors. Based on historical perspectives of evolution of major organizations and the latest developments in the 1990s the analysis focus on financial market dynamics, monetary issues and labor market aspects. Reform options for...
Economic globalization has intensified on the basis of new international links, especially in the field of foreign direct investment, financial capita...
On the occasion of the 50th anniversary of the European Union experts present their analyses of historical developments and new economic challenges for the EU. After a reflection on historical dynamics, the contributors point out the dramatic economic shifts between Europe, Asia and the US. Representatives from major central banks (including the ECB), other leading banks, and academia analyze the dynamics of the Eurozone and financial market integration in the context of globalization and economic growth. Furthermore, the authors discuss the challenges of information and communication...
On the occasion of the 50th anniversary of the European Union experts present their analyses of historical developments and new economic challenges...
On the occasion of the 50th anniversary of the European Union experts present their analyses of historical developments and new economic challenges for the EU. After a reflection on historical dynamics, the contributors point out the dramatic economic shifts between Europe, Asia and the US. Representatives from major central banks (including the ECB), other leading banks, and academia analyze the dynamics of the Eurozone and financial market integration in the context of globalization and economic growth. Furthermore, the authors discuss the challenges of information and communication...
On the occasion of the 50th anniversary of the European Union experts present their analyses of historical developments and new economic challenges...
explicit presentation of some of those stylized facts in the form of a brief, chronologically structured narrative. In keeping with the broad scope of this volume we begin by going back at least two hundred years, to the growth of an integrated national capital market in England in the 18th century (see Neal Chapter). This starting point has the advantage of calling attention to a number of important points. First, the form of integration by which a central market (London) for a standardized good (government bonds or consols) came to serve as linkage between two or more hitherto separate...
explicit presentation of some of those stylized facts in the form of a brief, chronologically structured narrative. In keeping with the broad scope of...
Economic globalization has intensified on the basis of new international links, especially in the field of foreign direct investment, financial capital flows and telecommunications liberalization. These and other developments have reinforced international interdependence and raise new issues for international organizations as well as for strategic behavior of major actors. Based on historical perspectives of evolution of major organizations and the latest developments in the 1990s the analysis focus on financial market dynamics, monetary issues and labor market aspects. Reform options for...
Economic globalization has intensified on the basis of new international links, especially in the field of foreign direct investment, financial capita...
