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Paperback Moving Money Book

ISBN: 0521891124

ISBN13: 9780521891127

Moving Money

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Format: Paperback

Condition: Very Good

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Book Overview

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.

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