The State, the Financial System and Economic Modernization

Cambridge University Press, 3/4/1999
EAN 9780521591232, ISBN10: 0521591236

Hardcover, 310 pages, 22.9 x 15.2 x 1.9 cm
Language: English

Through an examination of a wide variety of financial systems in Europe, and North and South America over approximately 150 years of change, this book demonstrates the key role that finance has played in economic change, and in the development of diverse financial systems. Insights into the primacy of the state's role in the financial development of the pre-industrial era have not been carried over into the historiography of the industrial era itself, so the discoveries detailed in this book have never been brought together in a systematic manner. This book therefore aims to demonstrate through comparative historical analysis, the richness of the history of modern financial systems, and to restore the state to its primary role in the shaping of those systems. This book makes an interesting contribution to financial historiography, thus will be of interest to economists and financial, economic and world historians.

List of figures
List of tables
List of contributors
Preface
1. Introduction
comparative historical perspectives Richard Sylla, Richard Tilly and Gabriel Tortella
2. Politics and banking in revolutionary and Napoleonic France François Crouzet
3. Belgian banking in the nineteenth and twentieth centuries
the Société Générale and the Générale de Banque (1822–1997) Herman van der Wee and Monique van der Wee-Verbreyt
4. Banking liberalization in England and Wales, 1826–44 P. L. Cottrell and Lucy Newton
5. Banking in Europe in the nineteenth century
the role of the central bank Forrest Capie
6. Public policy, capital markets and the supply of industrial finance in nineteenth-century Germany Richard Tilly
7. The role of banks and government in Spanish economic development, 1850–1935 Gabriel Tortella
8. Central banking and German-style mixed banking in Italy, 1893/5–1914
from coexistence to cooperation Peter Hertner
9. State power and finance in Russia, 1802–1917
the Credit Office of the Finance Ministry and governmental control over credit institutions Boris Anan'ich
10. The origins of banking in Argentina Roberto Cortés Conde
11. Shaping the US financial system, 1690–1913
the dominant role of public finance Richard Sylla
12. Cosmopolitan finance in the 1920s
New York's emergence as an international financial centre Mira Wilkins
Index.