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The Oxford Handbook Of Banking And Financial History Paperback English by Cassis, Youssef - 5 February 2018

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PublisherOxford University Press
ISBN 139780198815730
ISBN 100198815735
Book DescriptionThe financial crisis of 2008 aroused widespread interest in banking and financial history among policy makers, academics, journalists, and even bankers, in addition to the wider public. References in the press to the term 'Great Depression' spiked after the failure of Lehman Brothers in November 2008, with similar surges in references to 'economic history' at various times during the financial turbulence. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. How severe was the financial crash? Was it, in fact, the most severe financial crisis since the Great Depression? Were its causes unique or part of a well-known historical pattern? And have financial crises always led to severe depressions? Historical reflection on the recent financial crises and the long-term development of the financial system go hand in hand. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Nineteen highly regarded experts present chapters on the economic and financial side of banking and financial activities, primarily though not solely in advanced economies, in a long-term comparative perspective. In addition to paying attention to general issues, not least those related to theoretical and methodological aspects of the discipline, the volume approaches the banking and financial world from four distinct but interrelated angles: financial institutions, financial markets, financial regulation, and financial crises.
Editorial ReviewThe global financial crisis that began in 2007-08 and continued to rattle the Eurozone countries after 2010 has certainly been good for the market for financial history. The Oxford Handbook of Banking and Financial History is clearly a response to these events. In their introductory chapter, the editors set out their ambitious agenda, which is to deal with the individual parts of our modern complex financial system and trace how each has evolved over time. Each chapter ends with some insight into how the current turmoil in global banking and finance might affect part of the global financial system. This broad-ranging approach is very much in keeping with current analysis by policy economists, who have become very sensitive to how our financial system intertwines banks. * Larry Neil, University of Illinois *
LanguageEnglish
AuthorCassis, Youssef
EditorYoussef Cassis, Richard S. Grossman, Catherine R. Schenk
Publication Date5 February 2018
Number of Pages560

The Oxford Handbook Of Banking And Financial History Paperback English by Cassis, Youssef - 5 February 2018

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