Banking, Currency, and Finance in Europe Between the Wars PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Banking, Currency, and Finance in Europe Between the Wars PDF full book. Access full book title Banking, Currency, and Finance in Europe Between the Wars by Charles H. Feinstein. Download full books in PDF and EPUB format.
Author: Charles H. Feinstein
Publisher: Clarendon Press
ISBN: 9780191521669
Category : Business & Economics
Languages : en
Pages : 554
Get Book Here
Book Description
The financial history of interwar Europe was dominated by catastrophic episodes of hyper-inflation, dramatic exchange rate crises, massive and destabilizing movements of gold and capital, and extensive banking failures. In their attempt to restore and sustain the gold standard as the basis of the international monetary system, many countries were compelled to resort to deflationary fiscal and monetary policies of exceptional severity. The policies thus adopted in the 1920s were a major cause of the Great Depression of 1929-33; and this in turn exerted a powerful influence on the subsequent political and economic history of the 1930s. This collection of essays is the work of an international network of economic historians from Europe and the United States convened by the European Science Foundation. It brings together, in an accessible style, current knowledge and understanding of the nature and effects of these developments in banking, currency, and finance in the interwar period. The topics are examined at three levels. In Part I a substantial introductory survey of the central issues over the entire period is followed by special studies of the banking crises, the global capital flows, and the interrelationship of economic and political policies, with each of these themes considered in an international perspective. Part II is devoted to illuminating comparative analyses of the financial and exchange policies of pairs of countries; France and Italy, Britain and Germany, Sweden and Finland, and Belgium and France. In Part III the essays move to the level of individual countries and each contributor explores topics such as the form and efficacy of official banking and monetary policies, the role of the central bank, movements in the money supply and prices, the relationship between the banks and the industrial sector, changes in exchange rates and foreign capital investment. The volume covers all the major countries, and also makes available the results of recent research on banking and finance in smaller countries, such as Spain, Austria, Norway, Poland, Portugal, Bulgaria, and Ireland. The questions addressed by this book, and the temes and patterns it reveals, are relevant both to economic and political historians of the years between the two world wars, and to those interested in contemporary banking and financial problems.
Author: Charles H. Feinstein
Publisher: Clarendon Press
ISBN: 9780191521669
Category : Business & Economics
Languages : en
Pages : 554
Get Book Here
Book Description
The financial history of interwar Europe was dominated by catastrophic episodes of hyper-inflation, dramatic exchange rate crises, massive and destabilizing movements of gold and capital, and extensive banking failures. In their attempt to restore and sustain the gold standard as the basis of the international monetary system, many countries were compelled to resort to deflationary fiscal and monetary policies of exceptional severity. The policies thus adopted in the 1920s were a major cause of the Great Depression of 1929-33; and this in turn exerted a powerful influence on the subsequent political and economic history of the 1930s. This collection of essays is the work of an international network of economic historians from Europe and the United States convened by the European Science Foundation. It brings together, in an accessible style, current knowledge and understanding of the nature and effects of these developments in banking, currency, and finance in the interwar period. The topics are examined at three levels. In Part I a substantial introductory survey of the central issues over the entire period is followed by special studies of the banking crises, the global capital flows, and the interrelationship of economic and political policies, with each of these themes considered in an international perspective. Part II is devoted to illuminating comparative analyses of the financial and exchange policies of pairs of countries; France and Italy, Britain and Germany, Sweden and Finland, and Belgium and France. In Part III the essays move to the level of individual countries and each contributor explores topics such as the form and efficacy of official banking and monetary policies, the role of the central bank, movements in the money supply and prices, the relationship between the banks and the industrial sector, changes in exchange rates and foreign capital investment. The volume covers all the major countries, and also makes available the results of recent research on banking and finance in smaller countries, such as Spain, Austria, Norway, Poland, Portugal, Bulgaria, and Ireland. The questions addressed by this book, and the temes and patterns it reveals, are relevant both to economic and political historians of the years between the two world wars, and to those interested in contemporary banking and financial problems.
Author: Charles P. Kindleberger
Publisher: Routledge
ISBN: 1136805788
Category : Business & Economics
Languages : en
Pages : 548
Get Book Here
Book Description
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: ALESSANDRO ROSELLI
Publisher: Springer
ISBN: 1137327006
Category : Business & Economics
Languages : en
Pages : 485
Get Book Here
Book Description
This books explains, on the basis of archival evidence and a simple economic model, why and how the gold standard collapsed in the interwar period. It also reveals how bilateralism and dirigisme in international financial relations emerged from the collapse of the universal gold standard, and how this poisoned international relations.
Author: Paul Herman Emden
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 470
Get Book Here
Book Description
Author: Charles Poor Kindleberger
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 552
Get Book Here
Book Description
Revised and updated throughout, this brilliant survey of European financial history from the earliest times to the present by internationally renowned scholar and author Charles P. Kindleberger offers a comprehensive account of the evolution of money in Western Europe, bimetallism and theemergence of the gold standard, the banking systems of the Continent and the British Isles, and overviews of foreign investment, regional and global financial integration, and private and public finance in Western Europe. The new edition features expanded coverage of the sixteenth and seventeenthcenturies and important new material on recent developments in European monetary integration.
Author: Jaime Reis
Publisher: Routledge
ISBN: 1317050533
Category : History
Languages : en
Pages : 240
Get Book Here
Book Description
During the twentieth century the financial sector became possibly the most regulated area of the economy in many advanced and developing countries. The interwar years represented the defining moment for the escalation of governments' intervention, turning the State into the core of financial systems in its capacity of regulator, supervisor or owner. The essays in this collection shed light on different aspects of the experience of financial regulation, ownership and deregulation in Europe and the USA from a secular historical perspective. The volume's chapters explore how the political economy of finance changed in the nineteenth and twentieth centuries and how such changes were related to shifting attitudes towards globalization. They also investigate how regulation responded to governance problems of financial intermediaries and markets, and how different legal frameworks and institutional architectures influenced such response. The collection engages with a set of issues as diverse as they are interrelated across countries and over time: the regulatory attitude of British authorities toward the banking system and the stock exchange market in the nineteenth and twentieth centuries; the comparative evolution of bankruptcy laws and procedures; the link between state, regulation and governance in the evolution of the US and French financial systems; the emergence of banking regulation and supervision by central banks; the regulation and supervision of international financial markets since the 1950s; and the connection between deregulation and banking crises at the end of the past century. Taken as a whole, the chapters offer an intriguing insight into the differing ways western countries approached and responded to the challenges of the international financial system, and the legacy of this on the modern world. In so doing the volume holds up to historical scrutiny the debate as to whether overt state regulation of financial markets always has a negative affect on economic growth, or whether it can be an essential tool for developing nations in their efforts to expand their economies.
Author: Song Hongbing
Publisher: Omnia Veritas Limited
ISBN: 9781913890650
Category : Business & Economics
Languages : en
Pages : 414
Get Book Here
Book Description
Currency, which has been overlooked by historians, is precisely the key to unlocking many historical puzzles, the compass to discern the maze of today's reality, and the telescope to discover the road to the future. In the course of studying the financial history of Europe, America, China and Japan, I have a growing feeling that finance is the "fourth dimensional frontier" that a sovereign country must defend. The concept of the frontiers of sovereign states does not only include the three-dimensional physical space constituted by the land, sea and air frontiers (including space), but in the future it needs to include a new dimension: finance. The importance of the financial high frontier will become increasingly important in the coming era of cloudy international currency wars. From the path of financial evolution in Europe and the United States, it can be clearly found that the currency standard, central banks, financial networks, trading markets, financial institutions and clearing centers together constitute the system architecture of financial high frontier. The main purpose of this system is to ensure efficient and secure resource mobilization for currency pairs. From the source of the central bank to create money, to the customer terminal that eventually accepts money; from the dense network of money flow, to the clearing center of funds remittance; from the trading market of financial instruments, to the rating system of credit assessment; from the soft regulation of the financial legal system, to the construction of rigid financial infrastructure; from the huge financial institutions, to efficient industry associations; from complex financial products, to simple investment instruments, the financial high frontier protects the monetary blood from the heart of the central bank, to the financial capillaries and even the whole body economic cells, and eventually back to the central bank's circulation system.
Author: Marcello De Cecco
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 46
Get Book Here
Book Description
This paper examines the philosophies which inspired the institution of central banking in Central and Eastern Europe in the interwar years. Influenced by the Financial Section of the League of Nations, the new central banks adopted laws which prohibited or severely restricted the financing of government fiscal debt. They were encouraged to centralize their payments systems and manage exchange rates to keep control of the money supply and achieve monetary stability. Before long they were forced to adopt further provisions in the area of banking supervision to regulate commercial banks. This paper considers the particular cases of Czechoslovakia, Hungary and Poland.
Author: Youssef Cassis
Publisher: Cambridge University Press
ISBN: 9780521893732
Category : Biography & Autobiography
Languages : en
Pages : 468
Get Book Here
Book Description
A highly distinguished team of contributors addresses the complex and crucial role of finance in European history during the period 1880-1960.
Author: Peter Temin
Publisher: Oxford University Press
ISBN: 0198042019
Category : Business & Economics
Languages : en
Pages : 238
Get Book Here
Book Description
The European Economy between the Wars, (OUP, 1997) has become the definitive economic history of Europe in the inter-war period. Placing the Great Depression of 1929-33 and the associated financial crisis at the center of the narrative, the authors comprehensively examined the lead-up to and consequences of the depression and recovery. The authors now expand their scope to include the entire world economy, and have created a new edition: The World Economy between the Wars. New material focuses on the structure of the world economy in the 1920s, including a special focus on the United States, Japan, and Latin America.
