Moving Money

Daniel Verdier's analysis of how politics influences financial systems focuses mainly on the history of banking since 1850. Verdier shows that contrasting national political institutions have led to discrete regulatory policies, and thus, different financial structures. He asserts that national political systems can counter the convergence that the market dynamic would otherwise impose. Illustratively, countries with decentralized institutions tend to have higher levels of financial regulation and less mobile capital.

Author: Daniel Verdier
Publisher: Cambridge University Press
Published: 02/13/2003
Pages: 326
Binding Type: Paperback
Weight: 1.10lbs
Size: 8.80h x 5.90w x 0.80d
ISBN: 9780521891127

About the Author
Verdier, Daniel: - DANIEL VERDIER is Associate Professor in the Department of Social and Political Science at the European University Institute.