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The Role of Banks in the Interwar Economy (Hardcover, New)
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The Role of Banks in the Interwar Economy (Hardcover, New)
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Although international finance and banking has been the subject of
much research and writing, the economic impact of banks on
industrial structures and the relations between banking and
industry in the twentieth century have remained a relatively
unexplored area. This 1991 volume examines and interprets the
economic effect of the financing of industry by banks and of the
banks' credit intermediation in industrialised economies.
Particular attention is given to the interplay of economics and
politics, to the connections between bankers and industrialists,
and to the significance of interlocking directorships. A special
section is devoted to a hitherto wholly neglected problem in
economic history: the vital influence of universal banking in small
but highly industrialised countries in central Europe and
Scandinavia.
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