This paper explores the secular tradition of public banking in Southern Italy, focusing in particular on the nineteenth century. In its long history, Southern public banking took different forms, characterised by different degrees of centralisation, of control exercised by local or state...

Once a famous tale of conquest, law and foreign bond markets, the saga of the Silesian Bonds of 1734-37 is missing from the literature on sovereign debt. The Silesian Bonds were among the earliest foreign currency sovereign bonds issued. They go into the market 84 years prior to the 1818...

This paper contributes to current debates surrounding the digital euro and US stablecoins by unpacking the present day relevance of two important episodes in monetary history: Prussia's effort in the 18th century to implement a uniform coinage standard across the Holy Roman Empire, and the 19th...

Can state-owned banks spur development? Gerschenkron (1962) identified the State Bank of the Rus- sian Empire as the main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating the outcome of a policy experiment (1892-1903) under the...

Although it was initiated by the Allies as a kind of compromise in an Anglo-American dispute over banking policy in occupied Germany, and was thus an Allied creation, the Kreditanstalt für Wiederaufbau (KfW) was soon to be called "a characteristic German institution". This was because of the...

Once a famous tale of conquest, law and foreign bond markets, the saga of the Silesian Bonds of 1734-37 is missing from the literature on sovereign debt. The Silesian Bonds were among the earliest foreign currency sovereign bonds issued. They go into the market 84 years prior to the 1818...

This study aims to clarify the influences of state banks on the private banks for Turkey after the second world war. The literature on state banks emphasizes the adverse impact of state, namely the crowding-out effect. On the other hand, state-owned banks arose as a result of development policy...

This paper contributes to current debates surrounding the digital euro and US stablecoins by unpacking the present day relevance of two important episodes in monetary history: Prussia's effort in the 18th century to implement a uniform coinage standard across the Holy Roman Empire, and the 19th...

The purpose of this paper is to revive the historical research on the GDR's savings banks. It argues that socialist banks were interesting intermediary organizations which have so far been largely overlooked by financial, economic, and social historians. Hence, sources produced by the socialist...

The paper deals with the role played by the Istituto Mobiliare Italiano, a public credit institution created in 1931 to finance industrial investment, as an instrument for the State intervention in the Italian economy, especially in the 25 years after the World War II. In particular, the IMI was...