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Social Protection, Capitalist Production
Social Protection, Capitalist Production provides a thorough analysis of the genealogy and the functional logic of German capitalism over the last 130 years. It addresses several puzzles of the existing literature, in particular how economic coordination proved possible and remained stable in a (big) country without prominent traits of neo-corporatism, without long government participation of social democratic parties, without centralized wage bargaining, without active economic steering by the government, under a 'monetarist' regime, and under an allegedly liberal, namely 'ordoliberal' economic policy. The central claim of the book is that the functional equivalent was a 'conservative-conti...
The role of banks in the regional economic development of Uzbekistan: lessons from the German experience
This paper focuses on enhancing the banks' contribution to the regional economic development of Uzbekistan. A case study approach was chosen for this purpose and policy recommendations have been based on the German experience. Currently, the banking sector in the Uzbek regions is mainly represented by the branches of large national banks. These branches are important providers of financial services for the population, small businesses, as well as strategic sectors. However, in order to reduce the default risks, local branches tend to offer credit to safe borrowers in more prosperous regions. This unequal access to financial services increases regional disparities and worsens performance of enterprises in less developed regions. Since the German regional banks are actively involved in the local economic processes, this experience may offer important solutions to the problem in Uzbekistan. The findings support the recommendations for stimulating various financial institutions, namely a Development Fund, a Guarantee Fund, and private cooperative banks in regions of Uzbekistan.
Redistribution Or Recognition?
A debate between two philosophers who hold different views on the relation of redistribution to recognition.
The Oxford Handbook of Banking and Financial History
The financial crisis of 2008 aroused widespread interest in banking and financial history. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Contributions to this volume analyse banking and financial history in a long-term comparative perspective. Lessons drawn from these analyses may well help future generations of policy makers avoid a repeat of the financial turbulence that erupted in 2008.
