Editors: Patrice Baubeau and Anders Ögren
Coming out of the Codisyna project which looked at national financial systems during the Gold Standard years of 1871–1971, this collection of essays aims to form a focused, original and constructive approach to examining the question of convergence and divergence in Europe.
With contemporary as well as historical relevance, this study will appeal to historians and economists as well as those with a professional or scholarly interest in the world of banking and finance.
Economic and Financial History
Introduction – Patrice Baubeau
Part I: The Social Mechanisms of Financial Convergence
1 Organizations of National Financial Markets and Convergence of Practices: Institutions and Networks of Parisian Brokers in Nineteenth-Century Parisian Financial Markets – Patrick Verley
2 The resistance of the Lille Marketplace to National Convergence: A Regional Financial System between Autonomy and Sclerosis, 1880–1914 – Jean-Luc Mastin
3 Competition amongst the French Stock Exchanges during the Second World War – Kim Oosterlink and Angelo Riva
Part II: National Convergences and Divergences in the Long Term
4 Shocks Impact on Long Term Market Correlations: Portfolio Diversification and Market Integration between France and the United States – David Le Bris
5 Assessing Convergence in European Investment Banking Patterns until 1914 – Carlo Brambilla
6 Swiss Banking Crises During the Gold Standards, 1906-1971 – Dirk Drechsel
Part III: Convergence and historical shocks
7 Determinants of National Financial Systems: The Role of Historical Events – Patrice Baubeau and Anders Ögren
8 The Financing of the Spanish Civil War, 1936–9 – Pablo Martín-Aceña, Elena Martinez Ruiz and María A Pons
9 The London Financial Crisis of 1914 – Richard Roberts
Part IV: Convergence and Monetary Constraint
10 The Establishment of the Gold Standard in Southeast Europe: Convergence to a New System or Divergence from an Old One? – Kalina Dimitrova and Luca Fantacci
11 Money Creation under the Gold Standard: The Origins of the Italian Banking Crisis of 1893 – Antoine Gentier
12 Financing Germany. Amsterdam’s Role as an International Financial Centre, 1914–1931 – Jeroen Euwe
'... very serious, useful and pleasant to read ... incisive, stimulating and promising for future research devoted to national financial systems.'
– Claude Diebolt, EH.net (read the full review here)