Financial Innovation, Regulation and Crises in History
London. 2014
Editors
Piet Clement
Harold James
Herman Van der Wee
With present concerns over the regulation of the banking industry continuing to make headlines, an examination of the historiography of financial crises is timely. With contributions from world-renowned figures such as Niall Ferguson, Adair Turner and William R. White, this volume investigates how financial institutions and markets have undergone or reacted to past pressures; the role of financial innovations in this process; and the regulatory responses that emerged as a result.
Table of contents
- Financial Crises – Will it be Different Next Time? (Ivo Maes)
- Financial Innovation, Regulation and Crises: A Historical View (Piet Clement, Harold James and Herman Van der Wee)
- Contract Enforcement on the World’s First Stock Exchange (Lodewijk Petram)
- Co-operative Banking in the Netherlands in pre-Second World War Crises (Joke Mooij)
- The Discreet Charm of Hidden Reserves: How Swiss Re Survived the Great Depression (Tobias Straumann)
- The Redesign of the Bank–Industry–Financial Market Ties in the US Glass–Steagall and the 1936 Italian Banking Acts (Federico Barbiellini Amidei and Claire Giordano)
- Regulation and Deregulation in a Time of Stagflation: Siegmund Warburg and the City of London in the 1970s (Niall Ferguson)
- Financial Market Integration: An Insurmountable Challenge to Modern Trade Policy? (Welf Werner)
- Something Old and Something New: Novel and Familiar Drivers of the Latest Crisis (Adair Turner)
- To Regulate or Not to Regulate: No Easy Fixes for the Financial System (William R. White)