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portada Banking and Finance in West Germany (Rle Banking & Finance)
Type
Physical Book
Author
Publisher
Language
English
Pages
174
Format
Paperback
ISBN13
9781138007734
Edition No.
1
Categories

Banking and Finance in West Germany (Rle Banking & Finance)

Michael Hudson (Author) · Hans Francke (Author) · Routledge · Paperback

Banking and Finance in West Germany (Rle Banking & Finance) - Francke, Hans ; Hudson, Michael

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Synopsis "Banking and Finance in West Germany (Rle Banking & Finance)"

This is a clear guide to the German financial system. It begins by outlining its historical development, emphasising the growth of close ties between the banking system and industry, and goes on to describe in details the nature of the credit institutions in general and the money and capital markets. The book emphasizes the crucial role played by the autonomy of the Bundesbank and it explains with clear illustrations the instruments available to it to conduct monetary policy. It analyses the type of monetary target adopted by the Bundesbank in the early 1970s and deals with the 'transferability' of the West German financial system to other countries. Wherever relevant, parallels and differences between that system and the ones operating in the US and UK are pointed out.

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