Moving money : banking and finance in the industrialized world /
"Moving Money analyzes 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, and financial centers and their peripheries, and he discusses how gov...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Cambridge, UK ; New York :
Cambridge University Press,
2002.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | "Moving Money analyzes 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, and financial centers and their peripheries, and he discusses how governments have tried 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 favored 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 a growing number of OECD countries from 1850 onwards." |
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Descripción Física: | 1 online resource (xiii, 311 pages) : illustrations |
Bibliografía: | Includes bibliographical references (pages 260-282) and index. |
ISBN: | 0511042477 9780511042478 9780511491887 0511491883 9780511045608 0511045603 1280434104 9781280434105 |