EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 13
... privileges to individual banks , privileges which these banks would use to thwart competition from other banks . The standard outcome was the centralization of all privileges into one so - called " central bank , " enjoying a monopoly ...
... privileges to individual banks , privileges which these banks would use to thwart competition from other banks . The standard outcome was the centralization of all privileges into one so - called " central bank , " enjoying a monopoly ...
Page 29
... privileges , later renewed and augmented , depending on the necessity of the treasuries . French kings were more adept at parcelling privileges and playing off interests against each other . What they gave with one hand , they would ...
... privileges , later renewed and augmented , depending on the necessity of the treasuries . French kings were more adept at parcelling privileges and playing off interests against each other . What they gave with one hand , they would ...
Page 41
... privileges in the field of commercial banking , nor pressure it into accommodating competition . The upshot was the crowding out of private bankers from the field of commercial banking altogether , and the consolidation of a ...
... privileges in the field of commercial banking , nor pressure it into accommodating competition . The upshot was the crowding out of private bankers from the field of commercial banking altogether , and the consolidation of a ...
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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