Rebuilding the Financial System in Central and Eastern Europe, 1918–1994 PDF Download

Author: Philip L. Cottrell
Publisher: Routledge
ISBN: 1351906224
Category : History
Languages : en
Pages : 200

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Book Description
This collection of essays, written by former bankers, practising central bankers, government advisers and historians, celebrates the seventieth anniversary of the National Bank of Hungary. From a range of view points, the contributions consider the monetary and financial history of the past century and, in particular, explore possible parallelisms between experiences of the collapse of the Habsburg Monarchy in 1918 and of contemporary changes since 1989. The first part, comprising four essays, concentrates upon central banking, especially the development of the National Bank of Hungary since 1878 and the establishment of the Bank of Poland. Commercial banking is the theme of Part II, where continuities and discontinuities are considered with respect to Austria, Czechoslovakia, Romania, Slovenia and Yugoslavia.

Author: Patrick Heenan
Publisher: Routledge
ISBN: 1135931984
Category : Political Science
Languages : en
Pages : 316

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Book Description
The Regional Handbooks of Economic Development series provides accessible overviews of countries within their larger domestic and international contexts, focusing on the relations among regions as they meet the challenges of the twenty first century. The series allows the non-specialist student to explore a wide range of complex factors-social and political as well as economic-that affect the growth of developing regions in Asia, Europe, and South America. Each Handbook provides an overview chapter discussing the region's economic conditions within an historical and political context, as well as 20 or more chapter-length essays written by recognized experts, which analyze the key issues affecting a region's economy: its population, natural resources, foreign trade, labor problems, and economic inequalities, and other vital factors. In addition, the volumes offer useful support materials, including a series of appendices that include a detailed chronology of events in the region, a glossary of terms, biographical entries on key personalities, an annotated bibliography of further reading, and a comprehensive analytical index.

Author: Luigi De Rosa
Publisher: Routledge
ISBN: 1351754165
Category : Business & Economics
Languages : en
Pages : 301

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Book Description
This title was first published in 2003. In this volume of essays - based on papers delivered to 2001 conference, International Banking and Financial Systems - leading European bankers and banking historians give their assessment of the evolution of central banking in 20th-century Europe. As well as providing a historical perspective, the volume also explores how the lessons of the 20th century may be brought to bear on current and future trends in central banking. In so doing, this volume provides an insight into the ways in which economic stability and growth has been, and can be, promoted.

Author: Bartosz Dziewanowski-Stefańczyk
Publisher: Routledge
ISBN: 1000543951
Category : History
Languages : en
Pages : 251

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Book Description
This set of essays introduces readers to new historical research on the creation of the new order in East-Central Europe in the period immediately following 1918. The book offers insights into the political, diplomatic, military, economic and cultural conditions out of which the New Europe was born. Experts from various countries take into account three perspectives. They give equal attention to both the Western and Eastern fronts; they recognise that on 11 November 1918, the War ended only on the Western front and violence continued in multiple forms over the next five years; and they show how state-building after 1918 in Central and Eastern Europe was marked by a mixture of innovation and instability. Thus, the volume focuses on three kinds of narratives: those related to conflicts and violence, those related to the recasting of civil life in new structures and institutions, and those related to remembrance and representations of these years in the public sphere. Taking a step towards writing a fully European history of the Great War and its aftermath, the volume offers an original approach to this decisive period in 20th-century European history.

Author: Patricia Clavin
Publisher: Oxford University Press
ISBN: 0191086649
Category : History
Languages : en
Pages : 416

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Book Description
Securing the World Economy explains how efforts to support global capitalism became a core objective of the League of Nations. Based on new research drawn together from archives on three continents, it explores how the world's first ever inter-governmental organization sought to understand and shape the powerful forces that influenced the global economy, and the prospects for peace. It traces how the League was drawn into economics and finance by the exigencies of the slump and hyperinflation after the First World War, when it provided essential financial support to Austria, Hungary, Greece, Bulgaria, and Estonia and, thereby, established the founding principles of financial intervention, international oversight, and the twentieth-century notion of international 'development'. But it is the impact of the Great Depression after 1929 that lies at the heart of this history. Patricia Clavin traces how the League of Nations sought to combat economic nationalism and promote economic and monetary co-operation in a variety of, sometimes contradictory, ways. Many of the economists, bureaucrats, and policy-advisors who worked for it played a seminal role in the history of international relations and social science, and their efforts did not end with the outbreak of the Second World War. In 1940 the League established an economic mission in the United States, where it contributed to the creation of organizations for the post-war world - the United Nations Organization, the IMF, the World Bank, the UN Food and Agriculture Organization - as well as to plans for European reconstruction and co-operation. It is a history that resonates deeply with challenges that face the Twenty-First Century world.

Author: Barry Eichengreen
Publisher: Cambridge University Press
ISBN: 1009367587
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
Central banks were not always as ubiquitous as they are today. Their functions were circumscribed, their mandates ambiguous, and their allegiances once divided. The inter-war period saw the establishment of twenty-eight new central banks – most in what are now called emerging markets and developing economies. The Emergence of the Modern Central Bank and Global Cooperation provides a new account of their experience, explaining how these new institutions were established and how doctrinal knowledge was transferred. Combining synthetic analysis with national case studies, this book shows how institutional design and monetary practice were shaped by international organizations and leading central banks, which attached conditions to stabilization loans and dispatched 'money doctors.' It highlights how many of these arrangements fell through when central bank independence and the gold standard collapsed.

Author: Simon James Bytheway
Publisher: Cornell University Press
ISBN: 1501706500
Category : History
Languages : en
Pages : 261

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Book Description
In recent decades, Tokyo, London, and New York have been the sites of credit bubbles of historically unprecedented magnitude. Central bankers have enjoyed almost unparalleled power and autonomy. They have cooperated to construct and preserve towering structures of debt, reshaping relations of power and ownership around the world. In Central Banks and Gold, Simon James Bytheway and Mark Metzler explore how this financialized form of globalism took shape a century ago, when Tokyo joined London and New York as a major financial center.As revealed here for the first time, close cooperation between central banks began along an unexpected axis, between London and Tokyo, around the year 1900, with the Bank of England's secret use of large Bank of Japan funds to intervene in the London markets. Central-bank cooperation became multilateral during World War I—the moment when Japan first emerged as a creditor country. In 1919 and 1920, as Japan, Great Britain, and the United States adopted deflation policies, the results of cooperation were realized in the world's first globally coordinated program of monetary policy. It was also in 1920 that Wall Street bankers moved to establish closer ties with Tokyo. Bytheway and Metzler tell the story of how the first age of central-bank power and pride ended in the disaster of the Great Depression, when a rush for gold brought the system crashing down. In all of this, we see also the quiet but surprisingly central place of Japan. We see it again today, in the way that Japan has unwillingly led the world into a new age of post-bubble economics.

Author: Terry Gourvish
Publisher: Cambridge University Press
ISBN: 9781139440561
Category : History
Languages : en
Pages : 374

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Book Description
This book reflects an increased interest in establishing connections between the political history and the business history of Europe in the twentieth century. The book includes research on the interactions of politicians, businessmen and their institutions in eight countries, with particular focus on the highly charged inter-war period. Fourteen essays cover subjects under four main headings: the business - politics paradigm; banking finance; business and politics in the National Socialist period; and the business community and the state. Together they form a fitting tribute to the academic scholarship and inspiration offered by Alice Teichova. In her distinguished career, and in particular after the publication of her path-breaking book An Economic Background to Munich in 1974, she did much to stimulate a collaborative approach to international comparative work in the field of economic, political and business history. The case studies presented here demonstrate her considerable legacy to the subject.

Author: Zara S. Steiner
Publisher: Oxford University Press, USA
ISBN: 0198221142
Category : History
Languages : en
Pages : 956

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Book Description
In 'The Lights that Failed', Steiner challenges the assumption that the Treaty of Versailles led to the opening of a second European war and provides an analysis of the attempts to reconstruct Europe during the 1920s.

Author: John Singleton
Publisher: Cambridge University Press
ISBN: 1139495208
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
Central banks are powerful but poorly understood organisations. In 1900 the Bank of Japan was the only central bank to exist outside Europe but over the past century central banking has proliferated. John Singleton here explains how central banks and the profession of central banking have evolved and spread across the globe during this period. He shows that the central banking world has experienced two revolutions in thinking and practice, the first after the depression of the early 1930s, and the second in response to the high inflation of the 1970s and 1980s. In addition, the central banking profession has changed radically. In 1900 the professional central banker was a specialised type of banker, whereas today he or she must also be a sophisticated economist and a public official. Understanding these changes is essential to explaining the role of central banks during the recent global financial crisis.