BANKING ON THE STATE (2009)
by
Piergiorgio Alessandri
,
Andrew G Haldane
,
Bank Of England
| Citations: | 5 - 0 self |
BibTeX
@MISC{Alessandri09bankingon,
author = {Piergiorgio Alessandri and Andrew G Haldane and Bank Of England},
title = {BANKING ON THE STATE},
year = {2009}
}
Bookmark
 |
 |
 |
 |
 |
 |
OpenURL
Abstract
Historically, the link between the state and the banking system has been umbilical. Starting with the first Italian banking houses in the 13 th century, banks were financiers of the sovereign. Sovereign need was often greatest following war. The Bank of England was established at the end of the 17 th century for just this purpose, financing
