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Moving Money: Banking and Finance in the Industrialized World

Moving Money: Banking and Finance in the Industrialized World (Paperback)

£23.99
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Synopsis

Moving Money analyses the influence of politics on financial systems. Daniel Verdier examines how information asymmetry and economies of scale over time have created a redistributional conflict between large and small banks, financial centres and their peripheries, and he discusses how governments have attempted to arbitrate this conflict. He argues that centralized states have tended to create concentrated, internationalized, market-based and specialized financial systems, whereas decentralized states have favoured dispersed, national, bank-based and, with a few exceptions, universal systems. Verdier then sets out to uncover the sources, political and economic, of cross-country variation in financial market organization, examining 15 to 20 OECD countries from 1850 onwards.

BusinessEconomicsMacroeconomicsBusinessEconomicsPolitical economyBusinessFinance & accountingFinanceBanking Publisher: Cambridge University Press Publication Date: 01/02/2003 ISBN-13: 9780521891127  Details: Type: Paperback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

DANIEL VERDIER is Associate Professor in the Department of Social and Political Science at the European University Institute.

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