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Item Details
Title: REGULATING SPANISH BANKING, 1939-1975
By: Maria Angeles Pons Brias, Ms. Gabriella Massiglia, EABH eV
Format: Hardback

List price: £135.00
Our price: £121.50
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ISBN 10: 0754601943
ISBN 13: 9780754601944
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 1 May, 2002
Series: Studies in Banking and Financial History
Pages: 246
Description: The main purpose of this study is to examine the impact of financial regulation on the Spanish banking system performance from the end of the Civil War (April 1939) to the mid-1970s.
Synopsis: Banking regulation has been the subject of intense debate in recent years. This book contributes to that debate in its study of the impact of financial regulation on Spanish banking performance, especially profitability, from the end of the Spanish Civil War to the end of the Franco regime. Maria Pons discusses the Francoist authorities' policy of forced industrialization based on heavy industry, and the huge interventionist apparatus that it set up to involve banks in its industrialistic programme. This included several items of banking legislation related to the fixing of interest rates, the expansion of the sector, mergers and so forth. Pons explains the emergence of this regulatory framework and its development to the mid-1970s, as well as examining in detail the response of the Spanish banks to these regulations, and their attempts to take advantage of the opportunities they offered to reduce competition and uncertainty. The book also analyzes the 1962 reforms and subsequent legizlation and the lack of success they had in reducing public intervention in the banking sector.
Illustrations: figures, tables, bibliography, index
Publication: UK
Imprint: Ashgate Publishing Limited
Returns: Returnable
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