EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 12
... periphery in corporatist systems took two forms depending on the strength of the relative weakness of the center . Where the center was very weak , the agrarian periphery was represented territorially , through a powerful high chamber ...
... periphery in corporatist systems took two forms depending on the strength of the relative weakness of the center . Where the center was very weak , the agrarian periphery was represented territorially , through a powerful high chamber ...
Page 20
... periphery . In the center , banks could not afford to immobilize liquid deposits into illiquid placements , but were driven instead to emphasize safe and short placements , in the form of either commercial paper or government ...
... periphery . In the center , banks could not afford to immobilize liquid deposits into illiquid placements , but were driven instead to emphasize safe and short placements , in the form of either commercial paper or government ...
Page 28
... periphery was strong enough , it prevented central bank- ing . The periphery would only consent to a government - run central bank , to which money center banks were adamantly opposed . In a country like Germany , where state building ...
... periphery was strong enough , it prevented central bank- ing . The periphery would only consent to a government - run central bank , to which money center banks were adamantly opposed . In a country like Germany , where state building ...
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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