International Banking and Financial Systems

by De Rosa, Luigi

• ISBN13: 9780754632948
• ISBN10: 0754632946
• Format: Hardcover
• Copyright: 2003-03-01
• Publisher: Ashgate Pub Ltd

Summary

In this volume of essays - based on papers delivered to the 2001 conference, International Banking and Financial Systems - leading European bankers and banking historians give their assessment of the evolution of central banking in twentieth-century Europe. As well as providing a historical perspective, the volume also explores how the lessons of the twentieth century may be brought to bear on current and future trends in central banking. In so doing, this volume provides a fascinating insight into the ways in which economic stability and growth has been, and can be, promoted.

Table of Contents

List of Figures and Tables	vii
List of Contributors	viii
Foreword	ix
Vincenzo Desario
List of Abbreviations	xiii
Introduction	1	(12)
Cesare Geronzi
I EUROPE IN THE TWENTIETH CENTURY AND FINANCIAL SYSTEMS: FACTORS OF CRISIS, STABILITY AND GROWTH
A Europe and Central Banks in the Twentieth Century
A Historical Analysis in the Context of Finance and Banking	13	(22)
Peter Mathias
The Policies of Central Banks in Historical Perspective: An International Comparison	35	(8)
Luigi De Rosa
B National Financial Systems
The Financial System of the United Kingdom in the Twentieth Century	43	(30)
Philip L. Cottrell
The Evolution of the Financial Responsibilities of the Banque de France in the Twentieth Century	73	(18)
Olivier Feiertag
Crisis, Stability and Factors of Growth: The German Case	91	(26)
Carl-Ludwig Holtfrerich
The Banque Nationale de Belgique and the Belgian Economy in the Twentieth Century	117	(28)
Ginette Kurgan-van Hentenryk
The Spanish Financial System and the Role of the Banco de Espana	145	(20)
Pablo Martin-Acena
Financial Regulation in Europe and in Italy	165	(20)
Marco Onado
Financial Stability and Efficiency in the Twentieth Century: The Netherlands	185	(20)
Henriette M. Prast
The Activity of the Banco de Portugal as a Central Bank (1931--99)	205	(20)
Nuno Valerio
II PROSPECTS OF THE INTERNATIONAL BANKING AND FINANCIAL SYSTEM
Finance, Stability and Growth	225	(8)
Antonio Fazio
Consolidation in the Financial Sector	233	(6)
Roger W. Ferguson
Recent Developments in the Financial Markets	239	(8)
David Clementi
The Evolution of the Financial System and the Efficiency of Intermediaries and Markets	247	(10)
Jean-Claude Trichet
Index	257