Tag Archives: financial system

The Politics and Markets of French Financial Services, from The Political Economy of Financial Integration in Europe, by Jonathan Story and Ingo Walter, MIT, 1997.

The present situation in the forthcoming campaign in May 2012 for the French presidency in May  has been described as a replay of President Mitterrand’s grand tournant of 1983. The Socialist Party candidate, François Hollande, is playing the role of Mitterrand’s Minister … Continue reading

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The Politics and Markets of German Financial Services, chapter from The Political Economy of Financial Integration in Europe, by Jonathan Story and Ingo Walter, MIT Press, 1997.

The main theme of this chapter is that as the German financial system adapted to changing circumstances after 1945, it did so in a “path dependent” way. The complex negotiations conducted within the German federal polity yielded a “national solution” … Continue reading

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