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Titlebook: Swiss Banking; An Analytical Histor Hans Bauer,Warren J. Blackman Book 1998 The estate of the late Hans Bauer and Warren J. Blackman 1998 b

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楼主: 根深蒂固
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Book 1998Basle had become a principal banking centre although it was not yet part of the Swiss Confederation. From historical beginnings to contemporary comparative analysis, the book offers an authoritative explanation and analysis of the success of the Swiss banks.
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978-1-349-26737-8The estate of the late Hans Bauer and Warren J. Blackman 1998
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https://doi.org/10.1007/978-1-349-26735-4banking; capitalism; development; economy; money; success; Switzerland
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Swiss Banks Reach Their Formative Stageer really came into general acceptance until after the year 1870. Prior to that time, the world was on a bi-metallic standard with silver circulating jointly with gold. In the Latin Monetary Union, in which Switzerland had been a member from its inception, silver was the accepted currency with gold completely demonetised.
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The BackgroundIn a Europe consisting of rising nation-states which had developed their respective mercantilist economic theories, the Swiss confederation and the powerful cantons of Berne, Geneva and Basle had little directly to contribute. What we find to be the ‘Swiss contribution’ was much more subtle and certainly of more lasting significance.
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Capitalism at the Turn of the CenturyThe years 1870 to 1890 were characterised by the abandonment of the bi-metallic monetary standard. The resulting deflation was a disaster for the United States, which was in the process of literally ‘blundering back to gold’ from the greenback standard of the Civil War era..
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Concluding ThoughtsDespite the fact that thoughtful readers are quite entitled to arrive at their own conclusions regarding Swiss banking, the temptation to set forth a few significant after-thoughts is simply too strong to resist.
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