Moving money: banking and finance in the industrialized world

"Moving Money analyzes the influence of politics on financial systems. Daniel Verdier examines how information asymmetry and economies of scale over time have created a redistributional conflict between large and small banks, and financial centers and their peripheries, and he discusses how gov...

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Bibliographische Detailangaben
1. Verfasser: Verdier, Daniel (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge [u.a.] Cambridge Univ. Press 2002
Ausgabe:1. publ.
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Zusammenfassung:"Moving Money analyzes the influence of politics on financial systems. Daniel Verdier examines how information asymmetry and economies of scale over time have created a redistributional conflict between large and small banks, and financial centers and their peripheries, and he discusses how governments have attempted to arbitrate this conflict. He argues that centralized states have tended to create concentrated, internationalized, market-based, and specialized financial systems, whereas decentralized states have favored dispersed, national, bank-based, and, with a few exceptions, universal systems. Verdier then sets out to uncover the sources, political and economic, of cross-country variation in financial market organization, examining a growing number of OECD countries from 1850 onwards."--BOOK JACKET.
Beschreibung:Includes bibliographical references (p. 260-282) and index
Beschreibung:XIII, 311 S. graph. Darst.
ISBN:0521814138
0521891124

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