| Record Type: |
Electronic resources
: monographic
|
| Author: |
AndersenSteffen E., 1944- |
| Secondary Intellectual Responsibility: |
Palgrave Connect (Online service) |
| Place of Publication: |
Houndmills, Basingstoke New York, NY |
| Published: |
Palgrave Macmillan; |
| Year of Publication: |
2010 |
| Description: |
1 online resource. |
| Series: |
Palgrave Macmillan studies in banking and financial institutions |
| Subject: |
Finance - History - Scandinavia. - |
| Online resource: |
http://www.palgraveconnect.com/doifinder/10.1057/9780230299252An electronic book accessible through the World Wide Web; click for information |
| Notes: |
Description based on print version record. |
| Summary: |
From the establishment of the first financial institutions to the latest bank rescues, this book traces the origins, development, regulation, and trajectory of the framework for capital market institutions and activities in the Nordic region. This evolution is examined from a broader comparative perspective, in the context of similar events and stages in Europe more widely. In so doing, it analyses some broader issues in economic history. For example, it demonstrates that there has been little difference between the balance sheet ratios of failed banks and surviving banks. Moreover, it is highly critical of the 'Basel II' accord and questions the widespread myth of the omnipotence of central banks. It also warns that overly tight regulation will not prevent future bank failures, and may even produce other and no less palatable problems. The book will appeal to everyone with an interest in the historical sociology of capitalism, as well as those wanting a handy reference guide on the history of finance in Norway, Denmark, Sweden and Finland. |
| ISBN: |
9780230299252electronic bk. |
| ISBN: |
0230299253electronic bk. |
| Content Note: |
Introduction: What's it all About? Sweden-Finland, 1650-1814: Wilderness Replaced by Confusion Denmark-Norway in the Age of Globalization, 1736-1814 Denmark, 1814-1918: A Dismembered Country Finland, 1809-1917: A Changed World Norway, 1814-1918: From Province to Nationhood Sweden, 1814-1916: First Banking Acts in the Nordics Denmark, 1918-2010: Towards Financial Abyss and Back Finland, 1918-2010: A Quick Adaptor Norway, 1918-2010: Saved by the North Sea Sweden: Too Good to Be True. 1918-2009 A Few Reflections. |