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The Financial Systems of Industrial Countries - Evidence from Financial Accounts (Paperback, 2012 ed.)
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The Financial Systems of Industrial Countries - Evidence from Financial Accounts (Paperback, 2012 ed.)
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This book offers a comprehensive overview of the financial systems
of major industrialized countries using the statistical framework
of the financial accounts. After a discussion of how economists
agreed to create a framework to monitor the financial linkages
between surplus and deficit sectors, the book analyzes in detail
the composition and the recent evolution of financial assets and
liabilities for households (including public pension rights), firms
and intermediaries. Next, the volume studies the convergence
patterns of financial structures and their influence on the
effectiveness of monetary policy within European countries. The
final chapter unifies the previous pictures, showing how the
effects of financial integration and global imbalances could have
been foreseen based on the financial accounts. The analysis and
information contained in the book will help the readers to
understand many issues and challenges raised by the recent
financial crisis.
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