EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 14
... sector , and ( 2 ) the granting of central banking ( defined as last - resort lending ) to the profit banking sector in functional corporatism . Pluralist states did not use either policy tool , with the result , as I will show , that ...
... sector , and ( 2 ) the granting of central banking ( defined as last - resort lending ) to the profit banking sector in functional corporatism . Pluralist states did not use either policy tool , with the result , as I will show , that ...
Page 20
... sector was generally opposed by the joint stock banks , denouncing the unfair advantage enjoyed by non - profit banks , but was ratified by legislators and state regulators who were favorable to the non - profit sector and their clients ...
... sector was generally opposed by the joint stock banks , denouncing the unfair advantage enjoyed by non - profit banks , but was ratified by legislators and state regulators who were favorable to the non - profit sector and their clients ...
Page 21
... sector was promoted by the state , it dominated the field : 78 percent in the Austrian part of Austria - Hungary , out of which 6 percent of government bank savings ; 73 percent in Italy , out of which 32 percent of postal savings ; and ...
... sector was promoted by the state , it dominated the field : 78 percent in the Austrian part of Austria - Hungary , out of which 6 percent of government bank savings ; 73 percent in Italy , out of which 32 percent of postal savings ; and ...
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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