Reference : Introduction: Towards a Political Economy of Banking
Parts of books : Contribution to collective works
Law, criminology & political science : Political science, public administration & international relations
http://hdl.handle.net/10993/14611
Introduction: Towards a Political Economy of Banking
English
Howarth, David[University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Identités, Politiques, Sociétés, Espaces (IPSE) >]
Market-Based Banking and the International Financial Crisis
Howarth, David
Hardie, Iain
Oxford University Press
1-21
Yes
978-0-19-966228-9
Oxford
[en] Political Economy ; Banking Systems ; Banking ; Financial Systems ; Varieties of Capitalism ; Financial Crisis
[en] In this introductory chapter we first review the standard bank–credit/capital markets dichotomy used to describe national financial systems. We examine the influence of this dichotomy in the comparative political economy (CPE) literature, which is the disciplinary focus of most of the contributors to this volume. We explain how effectively scholars of the political economy of finance explain the phenomenon of change and then briefly describe the market-based banking model in the context of the broader national financial systems. In the penultimate section, we consider the impact of market-based banking on the domestic political economy and the impact of the international financial crisis.