Format:
1 Online-Ressource
ISBN:
9780191847219
Series Statement:
Oxford scholarship online
Content:
States and banks have traditionally maintained close ties. At various points in time, states have used banks to manage their economies and soak up government debt, while banks enjoyed regulatory forbearance, restricted competition, and implicit or explicit guarantees from their home markets. The political foundations of banks have thus been powerful and enduring, with actors on both sides of the aisle reluctant to sever relations. The central argument of this work, however, is that in the world's largest integrated market, Europe, the traditional political ties between states and banks have been transformed. Specifically, through a combination of post-communist transition, monetary union, and economic crisis, states in Europe no longer wield preponderant influence over their banks. This book explains why we have witnessed the radical denationalization of this politically vital sector
Additional Edition:
ISBN 9780198809968
Additional Edition:
Erscheint auch als Druck-Ausgabe Epstein, Rachel A., 1970 - Banking on markets Oxford : Oxford University Press, 2017 ISBN 9780198809968
Additional Edition:
ISBN 0198809964
Language:
English
Subjects:
Economics
Keywords:
Europäische Union
;
Geldpolitik
;
Bankgeschäft
;
Bankenaufsicht
;
Globalisierung
DOI:
10.1093/oso/9780198809968.001.0001
