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A New Look at the Evolution of the Financial System

In: The Recent Evolution of Financial Systems

Author

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  • T. M. Rybczynski

Abstract

It is now nearly seven years since I wrote a paper dealing with the evolution of the financial system. At that time this subject to a large extent was on the margins of mainstream economics. This was so despite the fact that important basic breakthroughs have been made and a number of fundamental building blocks appeared in the preceding 30 years as well as in the inter-war years and before. It would be remiss of me not to mention here such names as Schumpeter, Wicksell, Gurley and Shaw, Goldsmith, Cameron, Gerschenkon and Patrick, whose studies analytical, historical and empirical have served as point of departure for students of finance in the last ten years or so.

Suggested Citation

  • T. M. Rybczynski, 1997. "A New Look at the Evolution of the Financial System," Palgrave Macmillan Books, in: Jack Revell (ed.), The Recent Evolution of Financial Systems, chapter 0, pages 3-15, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14192-0_1
    DOI: 10.1007/978-1-349-14192-0_1
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    Cited by:

    1. Bukvić, Rajko, 2020. "Measuring of Concentration and Competition: Serbian Banking Sector," MPRA Paper 107465, University Library of Munich, Germany, revised 2020.
    2. Bukvić, Rajko, 2020. "Concentration and Competition in Serbian Banking Sector in the Period 2016–2018," MPRA Paper 102395, University Library of Munich, Germany.
    3. Alicia García Herrero & Javier Santillán & Sonsoles Gallego & Lucía Cuadro & Carlos Egea, 2002. "Latin American Financial Development in Perspective," Working Papers 0216, Banco de España.
    4. Sanfilippo-Azofra, Sergio & Torre-Olmo, Begoña & Cantero-Saiz, María & López-Gutiérrez, Carlos, 2018. "Financial development and the bank lending channel in developing countries," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 215-234.
    5. Lejot , Paul & Arner, Douglas & Schou-Zibell, Lotte, 2008. "Securitization in East Asia," Working Papers on Regional Economic Integration 12, Asian Development Bank.

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