Table of Contents:
  • Theoretical Conjectures on Banking, Finance and Politics
  • Capital scarcity, capital mobility, and information asymmetry: a survey
  • The institutions of capital mobility
  • The First Expansion (1850-1913)
  • The advent of deposit banking
  • The internationalization of finance
  • The origins of corporate security markets
  • The origins of universal banking
  • The Second Expansion (1960-2000)
  • Sectoral realignment
  • The globalization of banking
  • The growth of security markets
  • Choosing the right product mix.