EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 8
... late industrialization ; only capital pools , mostly banks , could . A second rationale is sociological . The society of the late industrializer missed standards of honesty and mechanisms for the enforcement of contracts that are ...
... late industrialization ; only capital pools , mostly banks , could . A second rationale is sociological . The society of the late industrializer missed standards of honesty and mechanisms for the enforcement of contracts that are ...
Page 28
... late central bank- ing ; ( 2 ) where center and periphery balanced each other ( moderate corporatism ) , cen- tral banking came early , with the central bank sometimes preceding , sometimes being contemporaneous with central banking ...
... late central bank- ing ; ( 2 ) where center and periphery balanced each other ( moderate corporatism ) , cen- tral banking came early , with the central bank sometimes preceding , sometimes being contemporaneous with central banking ...
Page 44
... late , being created well after the onset of deposit banking , with the twofold result that central banking came late too and meanwhile universal banking was unsustainable . The argument suggests , therefore , the existence of a non ...
... late , being created well after the onset of deposit banking , with the twofold result that central banking came late too and meanwhile universal banking was unsustainable . The argument suggests , therefore , the existence of a non ...
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adopt central banking agrarian periphery Arpád SZAKOLCZAI assets Australia Austria Austria-Hungary Banca Commerciale Italiana Banco Bank of England bank's banking structures banking system Banque Belgium Bouvier Britain business cycle Canada capital and reserves capital scarcity central bank Chlepner commercial banks competition corporatism corporatist corporatist regimes countries Crédit Lyonnais Crédit Mobilier Denmark denominator includes deposit banking deposit market depositors Dépôts Development discount Economic History equity equity-liability ratio European University Institute finance fiscal-military model France function Germany Gerschenkron Giandomenico MAJONE GNP per capita Goodhart groups information asymmetry insolvency investment banks Italy joint stock banks last resort lending of last liabilities liquidity guarantee market fragmentation mixed banking moderate corporatism National Monetary Commission Netherlands nonprofit banking nonprofit sector Norway note-issuing monopoly Oxford University Press paper percent pluralist Policy private bankers profit proxy rediscount Reichsbank rents representation savings banks Social Société Générale solvency specialized banking Sweden Teichova territorial Tortella universal banking