This volume investigates the durable nature of financial institutions, from the Middle Ages to the present day, and argues that reform should take place through innovation in institutional design rather than regulation.

This paper explores whether increasing fossil fuel divestment commitments are related to thereduction of capital flows into the oil & gas sector, based on an analysis of syndicated lending, equity and bond underwriting across 33 countries from 2000 to 2015. We find that increasing oil & gas...