Insightful historical analysis of a mid-19th century banking crisis in Scotland, explaining how note-issues interacted with bank liquidity and public trust.
The book examines the Western Bank of Scotland during a period of sharp financial strain. It explains how distrust, deposits withdrawals, and market pressures can reveal a bank’s fragilities even as it continues to issue notes. Through detailed narrative, it shows how crises unfolded from the inside of the banking circle to the wider economy, and why external support from other banks or the Bank of England was often insufficient.
Ideal for readers interested in financial history, banking crises, and the mechanics of 19th‑century Scottish finance.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the historical development, financial structure, and impact of the Scottish banking system, particularly its central role in unlocking economic growth in Scotland through the use of credit. The author, an esteemed French economist, provides a comprehensive overview of the system, examining its unique features like deposit-based lending, joint liability of partners, and limited note issuance. The book also discusses the impact of the 1845 Act, which regulated note issuance, and its subsequent effects on the banking sector. By delving into the history and practices of the Scottish banking system, this book offers valuable insights into the relationship between banking and economic development, making it a valuable resource for economists, historians, and anyone interested in the evolution of financial systems. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332404872_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332404872
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332404872
Quantité disponible : 15 disponible(s)