{"product_id":"moving-money-banking-and-finance-in-the-industrialized-world-paperback-9780521891127","title":"Moving Money; Banking and Finance in the Industrialized World (Paperback) 9780521891127","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eMoving Money\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eBanking and Finance in the Industrialized World\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eMoving Money is an original analysis of the influence of politics on financial systems.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDaniel Verdier (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521891127, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 13 February 2003\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e326 pages, 35 b\/w illus.  23 tables\u003cbr\u003e22.8 x 15.2 x 2.2 cm, 0.517 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"I highly recommend _Moving Money_ to anyone interested in comparative economic history, financial systems, or financial history.  The book's connections between political and financial structure represent an original and important contribution.\"    EH.NET, Scott A. Redenius, Department of Economics, Bryn Mawr College\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eMoving Money analyses 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, financial centres 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 favoured 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 15 to 20 OECD countries from 1850 onwards.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction\u003cbr\u003e Part I. Theoretical Conjectures on Banking, Finance and Politics: 1. Capital scarcity, capital mobility, and information asymmetry: a selective overview\u003cbr\u003e 2. The institutions of capital mobility\u003cbr\u003e Part II. The First Expansion (1850–1913): 3. The advent of deposit banking\u003cbr\u003e 4. The internationalization of finance\u003cbr\u003e 5. The origins of corporate security markets\u003cbr\u003e 6. The origins of universal banking\u003cbr\u003e Part III. The Second Expansion (1960–2000): 7. Sectoral realignment\u003cbr\u003e 8. The globalization of banking\u003cbr\u003e 9. The growth of security markets\u003cbr\u003e 10. Choosing the right product mix\u003cbr\u003e Conclusion.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e], Political economy [\u003ca title=\"See our other books on Political economy\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20economy%20%5BKCP%5D%22\"\u003eKCP\u003c\/a\u003e], Macroeconomics [\u003ca title=\"See our other books on Macroeconomics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Macroeconomics%20%5BKCB%5D%22\"\u003eKCB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46265360777496,"sku":"9780521891127","price":27.78,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521891127i.jpg?v=1692022109","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/moving-money-banking-and-finance-in-the-industrialized-world-paperback-9780521891127","provider":"Freshly Printed Books","version":"1.0","type":"link"}