Author : Jan Pieter Krahmen (editor)
Publisher :
Page : 550 pages
File Size : 48,25 MB
Release : 2004
Category : Business & Economics
ISBN : 0199253161
Written by a team of scholars, predominantly from the Centre for Financial Studies in Frankfurt, this volume provides a descriptive survey of the present state of the German financial system and a new analytical framework to explain its workings.
Author : Daniel Detzer
Publisher : Springer
Page : 325 pages
File Size : 45,28 MB
Release : 2017-05-26
Category : Business & Economics
ISBN : 3319567993
This book provides an up-to-date overview of the development of the German financial system, with a particular focus on financialization and the financial crisis, topics that have increasingly gained attention since the crisis and the discussion on the secular stagnation started. The authors of the book—economists who have conducted extensive research in this area—offer a perspective on the financial system in the context of its importance for the overall economic system. The book not only provides detailed insights into Germany’s financial system; it also takes a broader perspective on finance and connects it with current macroeconomic developments in Germany.
Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 118 pages
File Size : 33,53 MB
Release : 2016-06-29
Category : Business & Economics
ISBN : 1475577737
This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implementation of the common European framework insofar as it is relevant for Germany. The country is home to two global systemically important financial institutions, Deutsche Bank AG and Allianz SE. The system is also very heterogeneous, with a range of business models and a large number of smaller banks and insurers. The regulatory landscape has changed profoundly with strengthened solvency and liquidity regulations for banks (the EU Capital Requirements Regulation and Directive IV), and the introduction of macroprudential tools.
Author : Jeremy Edwards
Publisher : Cambridge University Press
Page : 274 pages
File Size : 40,59 MB
Release : 1996-01-26
Category : Business & Economics
ISBN : 9780521566087
This book analyses the widely-held view of the merits of the 'bank-based' German system of finance for investment, and shows that this view is not supported by evidence from the post-war period. The institutional features of the German system are such that universal banks have control of voting rights at shareholders' meetings due to proxy votes, and they also have representation on companies' supervisory boards. These features are claimed to have two main benefits. One is that the German system reduces asymmetric information problems, enabling banks to supply more external finance to firms at a lower cost, and thus increasing investment. The other is that German banks are able to mould and control managements of firms on behalf of shareholders, and thus ensure that firms are run efficiently. This book assesses whether empirical evidence backs up these claims, and shows that the merits of the German system are largely myths.
Author : Peter A. Hall
Publisher : Oxford University Press
Page : 557 pages
File Size : 49,10 MB
Release : 2001
Category : Business & Economics
ISBN : 0199247749
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 60 pages
File Size : 44,64 MB
Release : 2004-06-21
Category : Business & Economics
ISBN : 9781589063488
German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments for and against public involvement in banking.
Author : MARK K. CASSELL
Publisher :
Page : 240 pages
File Size : 47,66 MB
Release : 2020-11-30
Category :
ISBN : 9781788211956
Germany's Sparkassen are publicly held savings banks. No other advanced industrial economy relies as heavily on such small, publicly-owned financial institutions to fuel its economy. Mark Cassell explores the unique entity that is the German public banking system and the lessons it offers to banking systems worldwide.
Author : Bikal Dhungel
Publisher : GRIN Verlag
Page : 29 pages
File Size : 32,90 MB
Release : 2011-04
Category : Business & Economics
ISBN : 3640901746
Seminar paper from the year 2010 in the subject Economics - Finance, grade: 1,0, University of East London, course: International Financial Markets and Institutions, language: English, abstract: Germany is a central European country with fourth largest economy in the world after the US, Japan and China. It has 82 million consumers and has a nominal GDP of $ 3.352 trillion. Financial system in Germany is a traditional banks based system. Firms still rely on banks instead of capital markets. In this paper we will analyze the banking system of Germany, its main institutional investors, the Stock and Bond markets and finally the affects of financial crisis in financial sectors and the implementation of Basel II nationally.
Author : Thorsten Beck
Publisher : Springer
Page : 691 pages
File Size : 14,6 MB
Release : 2017-01-12
Category : Business & Economics
ISBN : 1137521449
This handbook presents a timely collection of original studies on relevant themes, policies and developments in European banking. The contributors analyse how the crisis years have had a long lasting impact on the structure of European banking and explore the regulatory architecture that has started to take form in their wake. Academic experts and senior policy makers have contributed to this volume, which is organized in five main parts. The first part presents an overview of European banking through the crisis and beyond. The second part analyses performance and innovation in EU banking markets. The third part discusses the key regulatory changes aimed at fostering financial stability. Part four looks at the relevance of cross-border banking and part five presents a detailed analysis of the main EU banking markets. This is a highly informative and carefully presented handbook, which provides thought-provoking insights into the past, present and future landscapes of European banking. It will appeal to a wide readership, from scholars and students, through to researchers, practitioners and policy-makers.
Author : Otto Nathan
Publisher :
Page : 106 pages
File Size : 26,26 MB
Release : 2013-10
Category :
ISBN : 9781258826123
