Articles & Books

Schenk, C. (2017). Negotiating Positive Non-interventionism: Regulating Hong Kong’s Finance Companies, 1976–1986. The China Quarterly, 1-23. doi:10.1017/S0305741017000637

Since colonial times to the present day, Hong Kong’s position as a global financial centre is one of the enduring economic strengths of the territory. This success is often attributed to the distinctive role of the state, coined in the 1970s by the-then financial secretary, Sir Philip Haddon-Cave, as “positive non-interventionism.” The relationship between the market and the state...

Alvarez, S. (2017). Venturing Abroad: The Internationalisation of Mexican Banks Prior to the 1982 Crisis. Journal of Latin American Studies, 1-32. doi:10.1017/S0022216X17000050

This article explores the international expansion of Mexican banks and its implications for the domestic banking system during the decade leading up to the 1982 debt crisis. In contrast to the prevalent focus in the literature on profitability and performance, I examine the asset and liability structure of the banking sector and show that there were clear signs of deterioration in its financial condition well before the onset of the crisis...

O’Sullivan, M. (2016) Dividends of Development. Oxford University Press, Oxford. ISBN: 9780199584444

Dividends of Development: Securities Markets in the History of U.S. Capitalism, 1865-1922, explains how U.S. securities markets became central to the institutional fabric of U.S. capitalism.

Larsson, M., and Söderberg, G. Finance in the Welfare State: Banking Development and the Regulatory Principles in Sweden 1900-2015.

Accepted book at Palgrave, to be published 2017.

Larsson, M. (2016) Banks, owners and the state. The long-term development and structure of Swedish commercial banks. In: Lescure, M. (ed.) Immortal Banks. Strategies, Structures and Performance of major Banks. Droz: Geneva.

The chapter deals with the structural changes in Swedish banking since the late 19th Century. Special attention is given to the role of the state in the structural development of the banking system. The long-term survival and development of the Swedish banks Handelsbanken and SEB is also analyzed.

Larsson, M., Altamura, E., and Cassis, Y. (2016) Commercial and Financial Services. In: Cassis, Y., Colli, A., and Schröter, H. (eds.) The Performance of European Business in the Twentieth Century. Oxford University Press, Oxford. ISBN: 9780198749776

This chapter deals with the economic performance of the service and banking sectors in eight European countries during the 20th Century.

Battilossi, S. (2017) Structural fiscal imbalances, financial repression and sovereign debt sustainability in Southern Europe, 1970s‒90s. In: Buggeln M.et al (eds.) The Political Economy of Public Finance..Cambridge University Press, ISBN: 9781107140127