Unsettled Account - Richard S. Grossman

Unsettled Account

The Evolution of Banking in the Industrialized World since 1800
Buch | Softcover
408 Seiten
2020
Princeton University Press (Verlag)
978-0-691-20278-5 (ISBN)
49,85 inkl. MwSt
A sweeping look at the evolution of commercial banks over the past two centuries

Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises come from and why certain banking systems are more resistant to crises than others, how governments and financial systems respond to crises, why merger movements suddenly take off, and what motivates governments to regulate banks.

Grossman reveals that many of the same components underlying the history of banking evolution are at work today. The recent subprime mortgage crisis had its origins, like many earlier banking crises, in a boom-bust economic cycle. Grossman finds that important historical elements are also at play in modern bailouts, merger movements, and regulatory reforms.

Unsettled Account is a fascinating and informative must-read for anyone who wants to understand how the modern commercial banking system came to be, where it is headed, and how its development will affect global economic growth.

Richard S. Grossman is professor of economics at Wesleyan University and a visiting scholar at the Institute for Quantitative Social Science at Harvard University.

Erscheinungsdatum
Reihe/Serie The Princeton Economic History of the Western World
Zusatzinfo 44 line illus. 18 tables.
Verlagsort New Jersey
Sprache englisch
Maße 156 x 225 mm
Themenwelt Geschichte Teilgebiete der Geschichte Wirtschaftsgeschichte
Wirtschaft Allgemeines / Lexika
Wirtschaft Betriebswirtschaft / Management Finanzierung
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Bankbetriebslehre
Wirtschaft Volkswirtschaftslehre
ISBN-10 0-691-20278-8 / 0691202788
ISBN-13 978-0-691-20278-5 / 9780691202785
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
die Ukraine, Polen und der Irrweg in der russischen Geschichte

von Martin Schulze Wessel

Buch | Hardcover (2023)
C.H.Beck (Verlag)
28,00
eine Globalgeschichte des Kapitalismus

von Friedrich Lenger

Buch | Hardcover (2023)
C.H.Beck (Verlag)
38,00
wie die USA und China um die technologische Vorherrschaft auf der …

von Chris Miller

Buch | Hardcover (2023)
Rowohlt (Verlag)
30,00