Mark K Cassell 
Banking on the State [EPUB ebook] 
The Political Economy of Public Savings Banks

Destek

Germany’s public savings banks – Sparkassen – are a remarkable and puzzling phenomena. No other advanced industrial country relies as heavily on such small, public financial institutions to fuel its economy and how is it that such small institutions can drive one of the biggest and most successful economies in the world?

In theory, their diminutive size should hinder their ability to function in an environment where they compete with the capital and muscle of major international banks. Yet at the height of the financial crisis, when other banks drastically reduced lending, new loans made by Sparkassen increased as they continued to provide liquidity and lend to start-up firms. How have they managed to survive the economic turmoil and global pressures of the last few decades? What has enabled them to stay at the heart of the German economy? In a period of neoliberal “too-big-to-fail” thinking, how have these relics of an ordoliberal past managed to flourish?

Mark Cassell answers these and many other questions in his exploration of the unique entity that is Germany’s public savings bank system and the lessons it offers to banking systems worldwide.

€31.99
Ödeme metodları

İçerik tablosu

1. Introduction
2. Context
3. The Puzzle
4. Economic explanations
5. Administrative explanations
6. Political explanations
7. Conclusion

Yazar hakkında

Mark K. Cassell is Professor of Political Science at Kent State University. He is the author of How Governments Privatize: The Politics of Divestment in the United States and Germany.

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Dil İngilizce ● Biçim EPUB ● ISBN 9781788213851 ● Dosya boyutu 3.1 MB ● Yayımcı Agenda Publishing ● Kent Newcastle Upon Tyne ● Ülke GB ● Yayınlanan 2020 ● İndirilebilir 24 aylar ● Döviz EUR ● Kimlik 7630622 ● Kopya koruma Adobe DRM
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