What is universal banking

Universal banks - A reconsideration

Financial Structure and Stability pp 139-147 | Cite as

Part of the Contributions to Economics book series (CE)

Abstract

As regards the role of the banking sector in economic development, numerous important contributions have been made in the literature of economic theory and economic history.lToday, I wish to focus on one aspect of this discussion, namely on the role and importance of the universal banking system.

Keywords

Banking System Supervisory Board Individual Bank German Bank Personal Loan
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in to check access.

Preview

Unable to display preview. Download preview PDF.

References

  1. Borchardt, K., The Industrial Revolution in Germany, Munich 1972.Google Scholar
  2. Born, K.E., Money and Banks in the 19th and 20th Centuries, Stuttgart 1977.Google Scholar
  3. Buschgen, H.E., universal banks or specialized banks as regulatory alternatives for the banking industry in the Federal Republic of Germany with special consideration of the collection and use of capital, Cologne 1970.Google Scholar
  4. Cameron, R. et al., Banking in the Early Stages of Industrialization, New York 1967. Cameron, R. et al., Banking and Economic Development, New York 1972. Google Scholar
  5. Gerschenkron, A., Economic Backwardness in Historical Perspective, Cambridge 1962. Gurley, J.G., Shaw, E., Money in a Theory of Finance, Washington 1960.Google Scholar
  6. Hankel, W., Monetary Policy, Stuttgart 1971.Google Scholar
  7. Huret, J., In Deutschland, (1907), in: K. Hackenberg (ed.), Wuppertal (year of publication not stated). Google Scholar
  8. Immenga, U., Participations of Banks in Other Business Areas, 2 “d ed., Baden-Baden 1978.Google Scholar
  9. Landeszentralbank in the Free and Hanseatic City of Hamburg (ed.), The Central Bank in Hamburg: How it became, what it was and what it is, Hamburg 1981.Google Scholar
  10. Neuburger, H., Stokes, H.H., German Banks and German Growth, 1883-1913, An Empirical View, The Journal of Economic History, No. 34 (1974), pp. 710. CrossRefGoogle Scholar
  11. Schumpeter, J.A., Theory of Economic Development, (1911), 5th ed., Berlin 1952. Google Scholar
  12. Smith, A., An Inquiry into the Nature and Causes of the Wealth of Nations, (1776), ed. By J.R. McCulloch, Edinburgh 1846.Google Scholar
  13. Sombart, W., Modern Capitalism, Vol. III: Economic Life in the Age of High Capitalism, (1902), 31 ed., Munich 1928.Google Scholar
  14. Veit, O., Outline of Monetary Policy, Frankfurt a.M. 1961.Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2000

Authors and Affiliations

  1. 1.University of HamburgInstitute for International Trade, and Economic IntegrationHamburgGermany