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Partisan politics and institutional (Re)creation: Locating and explaining the origins of modern finance capitalism

Carney, Richard

Description

Why do some countries rely more heavily on equities markets, while others depend more on commercial banking? Analyses of the origins of contemporary capitalist institutions usually look back to the late nineteenth and early twentieth century. However, this paper demonstrates that financial institutions - regarded as central to the way capitalist systems are organised - changed radically in the mid-twentieth century in many countries. This paper argues that government partisanship in formative...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
URI: http://hdl.handle.net/1885/79529
Source: West European Politics
DOI: 10.1080/01402382.2010.508902

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