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Banking on Markets
Rachel A. Epstein
€ 134.81
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Description for Banking on Markets
Hardback. This volume examines the relationship between banks and states, and how the traditional, political bank-state ties have been transformed. Num Pages: 256 pages. BIC Classification: JPA; KCBM; KCP; KFFK. Dimension: 234 x 153. .
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 book, 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 ... Read more
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 book, 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 ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Oxford University Press United Kingdom
Number of pages
256
Condition
New
Number of Pages
232
Place of Publication
Oxford, United Kingdom
ISBN
9780198809968
SKU
V9780198809968
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-5
About Rachel A. Epstein
Rachel A. Epstein is Professor of International Relations and European Politics at the Josef Korbel School of International Studies, University of Denver. Her publications include In Pursuit of Liberalism: International Institutions in Postcommunist Europe (Johns Hopkins 2008) and a special issue of the Review of International Political Economy entitled 'Assets or Liabilities? Banks and the Politics of Foreign Ownership ... Read more
Reviews for Banking on Markets
... this is an important book, which offers a novel, rich and multi-faceted account of the transformation of the ties between states and banks in Europe.
Dorothee Bohle, EUSA
Epstein has produced an accessible and comprehensive guide to the structural forces that have directed the evolution of this very important stabilizing transformation.
David L. Cleeton, JCMS
... Read more
Dorothee Bohle, EUSA
Epstein has produced an accessible and comprehensive guide to the structural forces that have directed the evolution of this very important stabilizing transformation.
David L. Cleeton, JCMS
... Read more