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The German State Banks by Hans-Werner Sinn

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
The German State Banks
ISBN
9781840640212
Publication Year
1999
Type
Textbook
Format
Hardcover
Language
English
Publication Name
The German State Banks: Global Players in the International Financial Markets
Item Height
216mm
Author
Hans-Werner Sinn
Publisher
Edward Elgar Publishing LTD
Item Width
138mm
Subject
Economics, Finance
Number of Pages
160 Pages

About this product

Product Information

The German state banks - or Landesbanks - are not only some of the largest banks in Germany but are also a dominant force in the international banking sector. These state-owned banks enjoy special privileges and government support which have made them major players in the global arena of banking and finance. Protected by the German taxpayer's seemingly bottomless pockets in the form of state warranties, Landesbanks are able to take part in financing some of the largest projects in the world. They occupy nearly fifty per cent of the top places in both Moody's and Standard and Poor's international rankings. Professor Sinn critically scrutinizes the privileges of the German Landesbanks and questions the justification of government intervention in the banking sector. He predicts that European integration and the introduction of the euro will lead to a fierce take-over battle between Europe's banks. He argues that, given the state warranties, it seems likely that the German Landesbanks will be among the winners in this battle and concludes that the German public banking system has grown far larger than is appropriate for a market economy. This timely book addresses issues of concern for European bankers and policymakers alike. It will also be of interest to students and scholars of financial economics, European integration and money and banking.

Product Identifiers

Publisher
Edward Elgar Publishing LTD
ISBN-13
9781840640212
eBay Product ID (ePID)
90458247

Product Key Features

Author
Hans-Werner Sinn
Publication Name
The German State Banks: Global Players in the International Financial Markets
Format
Hardcover
Language
English
Subject
Economics, Finance
Publication Year
1999
Type
Textbook
Number of Pages
160 Pages

Dimensions

Item Height
216mm
Item Width
138mm

Additional Product Features

Title_Author
Hans-Werner Sinn
Country/Region of Manufacture
United Kingdom

Item description from the seller

Business seller information

WATERSTONE S BOOKSELLER LIMITED
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Waterstones
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