LEADER 05528oam 2200721I 450 001 9910462450703321 005 20200520144314.0 010 $a1-283-60532-5 010 $a9786613917775 010 $a1-136-30161-5 010 $a0-203-11694-1 024 7 $a10.4324/9780203116944 035 $a(CKB)2670000000242250 035 $a(EBL)1024548 035 $a(OCoLC)811505942 035 $a(SSID)ssj0000738431 035 $a(PQKBManifestationID)11500507 035 $a(PQKBTitleCode)TC0000738431 035 $a(PQKBWorkID)10791433 035 $a(PQKB)11255277 035 $a(MiAaPQ)EBC1024548 035 $a(Au-PeEL)EBL1024548 035 $a(CaPaEBR)ebr10603628 035 $a(CaONFJC)MIL391777 035 $a(OCoLC)811207396 035 $a(EXLCZ)992670000000242250 100 $a20180706e20121988 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMoney and banking in the UK $ea history /$fMichael Collins 210 1$aAbingdon, Oxon :$cRoutledge,$d2012. 215 $a1 online resource (657 p.) 225 0 $aRoutledge library editions. Banking & finance ;$vvol. 6 300 $aFirst published in 1988 by Croom Helm. 311 $a0-415-75182-9 311 $a0-415-52796-1 320 $aIncludes bibliographic references and index. 327 $aMONEY AND BANKING IN THE UK A History; Copyright; MONEY AND BANKING IN THE UK: A History; Copyright; CONTENTS; List of tables; List of figure; Abbreviations; Preface; Acknowledgements; PART I: 1826-1913; Chapter One Banking In The Early Nineteenth Century; Early banking history; Economic crisis and the legislation of 1826; Structure of the banking system; Summary; Notes; Chapter Two Growth Of The Banking Sector, 1826-1913; The importance and definition of money; Components of the stock of money; Financial institutions; Conclusion; Notes 327 $aChapter Three The Commercial Banks: Institutional Change, 1826-1913Main trends; The corporate structure; Bank branching; Bank amalgamations; The stability of banks and economic fluctuations; Conclusion; Notes; Chapter Four The Business Of Commercial Banking, 1826-1913; Bank liabilities; Bank assets; Banking advice and financial services; The commercial banks and economic development; Notes; Chapter Five The Monetary Sector And The International Economy; The importance of international factors; Britain's adoption of the gold standard in the early nineteenth century 327 $aInternational exchange ratesStable exchange rates and the foreign exchange market; Adjustment mechanisms; Assessment of traditional adjustment mechanism under the international gold standard, 1870-1913; The role of sterling; The Bank of England and the monetary interpretation of balance of payments; Notes; Chapter Six The Bank Of England And Monetary Policy, 1826-1913; Why did the Bank of England become a central bank?; Legislation; The Bank and the gold standard; Techniques of monetary control; Lender of last resort; The Bank and the money markets; Private v public interests; Notes 327 $aPART II: 1914-1939Chapter Seven Deposit Banking And Other Financial Institutions, 1914-1939; Deposit bank expansion; Affiliations and amalgamations; Competition in banking; Private sector liquidity and non-bank financial intermediaries; Conclusion; Notes; Chapter Eight The Business Of Commercial Banking, 1914-1939; Clearing banks' balance sheets; Clearing bank liabilities; Clearing bank assets; Industrial and commercial finance; Customer services; Summary; Notes; Chapter Nine Monetary Policy, 1914-1939; The 1914 banking crisis; Impact of World War I; Return to gold, 1925 327 $aThe 1931 crisis and devaluationMonetary policy in the 1930s; Conclusion; Notes; PART III: 1939-1986; Chapter Ten War And Post-War Adjustments, 1939-51; Total war, 1939-45; The years of recovery, 1945-51; Notes; Chapter Eleven Non-Clearing Banks And Other Financial Intermediaries Since World War II; Banks and other financial intermediaries; Relative growth of financial institutions; The London money market; The discount market; Parallel money markets and institutions; Sterling money markets; Eurocurrency markets; Summary on developments in parallel markets 327 $aBank stability and prudential supervision 330 $aThis book is concerned with developments in three main areas of monetary history: domestic commercial banking; monetary policy; and the UK's international financial position. For ease of analysis the 160 years under study are arranged into three clear chronological divisions. Part 1 covers the years 1826-1913, a period in which the UK emerged as the world's leading economic power. It was in these years that an extensive and fully-operative domestic banking system was established. Part 2 covers 1914 to 1939 - the years which marked a break in the traditional monetary arrangements of the Victo 410 0$aRoutledge Library Editions: Banking & Finance 606 $aBanks and banking$zGreat Britain$xHistory 606 $aMonetary policy$zGreat Britain$xHistory 608 $aElectronic books. 615 0$aBanks and banking$xHistory. 615 0$aMonetary policy$xHistory. 676 $a332.1/0941 676 $a332.10941 700 $aCollins$b Michael$f1946-,$0992708 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910462450703321 996 $aMoney and banking in the UK$92273165 997 $aUNINA