Visit our Christmas Gift Finder
Evolution of Central Banking?: De Nederlandsche Bank 1814 -1852 (Paperback)
  • Evolution of Central Banking?: De Nederlandsche Bank 1814 -1852 (Paperback)
zoom

Evolution of Central Banking?: De Nederlandsche Bank 1814 -1852 (Paperback)

(author)
£72.00
Paperback 170 Pages / Published: 06/10/2016
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket

The book analyses the establishment of De Nederlandsche Bank and its early development as a case study to test competing theories on the historical development of central banking. It is shown that the establishment of DNB can be explained by both the fiscal theory and the financial stability theory. Later development makes clear that the financial stability role of DNB prevailed. DNB's bank notes were not forced onto the public and competition was fierce. A prudent and independent stance was necessary to be able to play its intended role. This meant that DNB played a modest role in the Amsterdam money market until 1852. By 1852 it had established itself to become the central bank. By then its bank notes had become generally accepted and it could start to operate as a reserve bank. Also the market context had changed dramatically, its competitors had been driven out of the market and several credit institutions had become customers of DNB.

"On the occasion of the Nederlandsche Bank's 200th Anniversary, it is good to have a new, and an extremely good, history of its founding and first fifty years of operation. The only previous account of this period of the DNB's history was legalistic and did not sufficiently place the Bank's development in its wider context. Uittenbogaard's book provides a much broader, and better, story of the personnel, economics, and finance of the DNB at this juncture." - Charles Goodhart, LSE.

Publisher: Springer International Publishing AG
ISBN: 9783319385358
Number of pages: 170
Weight: 2934 g
Dimensions: 235 x 155 x 10 mm
Edition: Softcover reprint of the original 1st ed. 201

You may also be interested in...

Unhappy Union
Added to basket
£15.00
Paperback
Symbols of Power
Added to basket
Globalizing Capital
Added to basket
Economics: A Very Short Introduction
Added to basket
Advanced Macroeconomics
Added to basket
The Great Escape
Added to basket
£14.99
Paperback
The Death of Money
Added to basket
Future Money
Added to basket
£14.95
Paperback
Currency Wars
Added to basket
£14.99
Paperback
Logic Problems for Money Minds
Added to basket
Modern Financial Markets & Institutions
Added to basket
Stress Test
Added to basket
£9.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.