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]
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.