Please use this identifier to cite or link to this item:
Appears in Collections:Economics Book Chapters and Sections
Title: Financial Institutions and The State: A Re-examination
Author(s): Chick, Victoria
Dow, Sheila
Contact Email:
Editor(s): Rochon, L-P
Seccareccia, M
Citation: Chick V & Dow S (2013) Financial Institutions and The State: A Re-examination. In: Rochon L & Seccareccia M (eds.) Monetary Economies of Production: Banking and Financial Circuits and the role of the State. Cheltenham: Edward Elgar, pp. 99-111.
Issue Date: 2013
Date Deposited: 22-Dec-2015
Abstract: The purpose of the paper is to revisit the relationship between the British State and the banks in the light of the crisis. This requires a historical treatment of the evolving relationship between these parties in providing society’s money and facilitating credit creation. We then focus on how the previously supportive relationship was changed decisively in 1971 and consider implications for the future. Rather than making banks increasingly like non-bank financial intermediaries, we argue for a renewed relationship of mutual trust and obligation between the banks and the state as a means of reducing the future incidence of crises.
Rights: The publisher has granted permission for use of this work in this Repository. Published in Monetary Economies of Production: Banking and Financial Circuits and the Role of the State by Edward Elgar:

Files in This Item:
File Description SizeFormat 
2013 Chick Dow parguez vol final .pdfFulltext - Accepted Version264.07 kBAdobe PDFView/Open

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.