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Books > History > World history > From 1900
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Regulating Spanish Banking, 1939-1975 (Hardcover, New edition)
Loot Price: R4,140
Discovery Miles 41 400
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Regulating Spanish Banking, 1939-1975 (Hardcover, New edition)
Series: Studies in Banking and Financial History
Expected to ship within 12 - 17 working days
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Banking regulation has been the subject of intense debate in recent
years. This book contributes to that debate in its study of the
impact of financial regulation on Spanish banking performance,
especially profitability, from the end of the Spanish Civil War to
the end of the Franco regime. Maria Pons discusses the Francoist
authorities' policy of forced industrialization based on heavy
industry, and the huge interventionist apparatus that it set up to
involve banks in its industrialistic programme. This included
several items of banking legislation related to the fixing of
interest rates, the expansion of the sector, mergers and so forth.
Pons explains the emergence of this regulatory framework and its
development to the mid-1970s, as well as examining in detail the
response of the Spanish banks to these regulations, and their
attempts to take advantage of the opportunities they offered to
reduce competition and uncertainty. The book also analyzes the 1962
reforms and subsequent legizlation and the lack of success they had
in reducing public intervention in the banking sector.
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