Convergence and Divergence of National Financial Systems

Convergence and Divergence of National Financial Systems PDF Author: Anders Ogren
Publisher: Routledge
ISBN: 131731591X
Category : Business & Economics
Languages : en
Pages : 321

Get Book Here

Book Description
This collection of essays aims to form a focused, original and constructive approach to examining the question of convergence and divergence in Europe.

Convergence and Divergence of National Financial Systems

Convergence and Divergence of National Financial Systems PDF Author: Anders Ogren
Publisher: Routledge
ISBN: 131731591X
Category : Business & Economics
Languages : en
Pages : 321

Get Book Here

Book Description
This collection of essays aims to form a focused, original and constructive approach to examining the question of convergence and divergence in Europe.

Convergence of Financial Systems

Convergence of Financial Systems PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
This paper provides an evolutionary perspective on financial systems based on complex systems theory. This perspective is used to organize the discussion about the convergence and non-convergence of financial systems. In recent years the discussion about the relative merits and the efficiency of market- and bank-based financial systems is subject to considerable academic and policy debate throughout the world. Bank- and market-based systems are found to give rise to different economic and corporate dynamics. Based on a notion of financial systems as configuration of complementary elements, it is suggested that the convergence of financial systems is best conceptualized as path dependent process of institutional change. This is illustrated with special reference to the recent developments of convergence of financial systems in Europe. The implication of the evolutionary perspective on financial systems is that neither theories using a simple evolutionary argument of survival of the fittest nor theories related to a institutional ossification perspective can provide much guidance for analyzing the transformations of financial systems. A multilevel institutional analysis which takes the interdependencies between national and firm-level institutions explicitly into account is required. (author's abstract).

The Gold Standard Peripheries

The Gold Standard Peripheries PDF Author: Anders Ögren
Publisher: Springer
ISBN: 0230362311
Category : Business & Economics
Languages : en
Pages : 278

Get Book Here

Book Description
The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?

Complexity and Crisis in the Financial System

Complexity and Crisis in the Financial System PDF Author: Matthew Hollow
Publisher: Edward Elgar Publishing
ISBN: 1783471336
Category : Business & Economics
Languages : en
Pages : 356

Get Book Here

Book Description
What are the long-term causes and consequences of the global financial crisis of 2007–2008? This book offers a fresh perspective on these issues by bringing together a range of academics from law, history, economics and business to look in more depth at the changing relationships between crises and complexity in the US and UK financial markets. The contributors are motivated by three main questions: • Is the present financial system more complex than in the past and, if so, why? • To what extent, and in what ways, does the worldwide financial crisis of 2007–2008 differ from past financial crises? • How can governments, regulators and businesses better manage and deal with increased levels of complexity both in the present and in the future? Students and scholars of finance, economics, history, financial law, banking and international business will find this book to be of interest. It will also be of use to regulators and policymakers involved in the US and UK banking sectors.

The Gold Standard Peripheries

The Gold Standard Peripheries PDF Author: Anders Ögren
Publisher: Springer
ISBN: 0230362311
Category : Business & Economics
Languages : en
Pages : 267

Get Book Here

Book Description
The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?

The Harmonisation of National Legal Systems

The Harmonisation of National Legal Systems PDF Author: Antonios E. Platsas
Publisher: Edward Elgar Publishing
ISBN: 178643329X
Category : Law
Languages : en
Pages : 234

Get Book Here

Book Description
This book offers a novel perspective on the leading concept of harmonisation, advocating the mutual benefits and practical utility of harmonised law. Theoretical models and factors for harmonisation are explored in detail. Antonios E. Platsas acknowledges a range of additional factors and presents harmonisation as a widely applicable and useful theory.

Bank-Industry versus Stock Market-Industry Relationships

Bank-Industry versus Stock Market-Industry Relationships PDF Author: José L. García-Ruiz
Publisher: Taylor & Francis
ISBN: 1000849902
Category : Business & Economics
Languages : en
Pages : 144

Get Book Here

Book Description
This book focuses on a variety of themes concerning the relationship between financial systems in a broader sense and firms’ growth in historical perspective in some European countries. Financial systems are nowadays largely acknowledged to be a crucial element in determining economic growth. In modern economies, they play a key role by mobilizing savings, pricing risks and allocating capital to firms. Following a consolidated taxonomy focusing on the historical perspective, countries have been conventionally divided into bank-oriented (Continental Europe countries and Japan) and market-oriented systems (Anglo-Saxon countries). The chapters in this book present case studies on Belgium, Great Britain, France and Italy and show that financial systems do not trigger growth processes and industrialization, but they are essential to sustain them over time. Each society has the financial system that fits with its historical trajectory, without any being better or worse than others. The important thing is to have a financial system that is sophisticated and stable, and that evolves according to the demand forces of the moment. History matters. Bank-Industry versus Stock Market-Industry Relationships will be a beneficial read for students interested in economics and business history. The chapters in this book were originally published as a special issue of Business History.

Essays in Economic History

Essays in Economic History PDF Author: Lawrence H. Officer
Publisher: Springer Nature
ISBN: 3030959252
Category : Business & Economics
Languages : en
Pages : 544

Get Book Here

Book Description
This book is the culmination of and a collection of distinguished scholar Lawrence Officer’s principal research over 50 years of scholarly activity. The collection consists primarily of three topics on which the author has spent the major part of his research: purchasing power parity, standard of living, and monetary standards. There is also a unique chapter on economics and economic history in science fiction. This volume is ideal for academics, graduate and undergraduate students, and practitioners.

Financial Systems - Importance, Differences and Convergence

Financial Systems - Importance, Differences and Convergence PDF Author: Reinhard H. Schmidt
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description


Handbook of Key Global Financial Markets, Institutions, and Infrastructure

Handbook of Key Global Financial Markets, Institutions, and Infrastructure PDF Author:
Publisher: Academic Press
ISBN: 0124058981
Category : Business & Economics
Languages : en
Pages : 635

Get Book Here

Book Description
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