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Financial Crises and the Limits of Bank Reform – France and Germany's Ways Into and Out of the Great Recession - Oxford Scholarship Online
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Financial Crises and the Limits of Bank Reform: France and Germany's Ways Into and Out of the Great Recession

Eileen Keller

Abstract

This book is about the nature of crisis responses and the politics of financial sector reform leading to their adoption. Studying both French and German participation in international banking reforms and the responses implemented to the global financial crisis domestically, it shows that they cannot be separated from the institutional and the specific socio-economic context in which they emerged. Whereas France pushed for greater independence from the banks by strengthening financial disintermediation and non-bank intermediation, Germany supported classic bank intermediation. Analysing the rea ... More

Keywords: banks, banking, reform, France, Germany, Great Recession, financial crisis, financial markets, institutions, social learning

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780198870746
Published to Oxford Scholarship Online: June 2021 DOI:10.1093/oso/9780198870746.001.0001

Authors

Affiliations are at time of print publication.

Eileen Keller, author
Senior Researcher, Franco-German Institute (dfi)