Financial Regulation in the Longue Durée - Kim Pernell, Visions of Financial Order: National Institutions and the Development of Banking Regulation (Princeton, NJ, Princeton University Press, 2024, 320p.)

Key Points

• The research aims to examine how national institutions have shaped the long-term development of banking regulation.
• Historical analysis of financial regulatory frameworks
• Comparison of national institutions across different countries
• Examination of the impact of regulations on banking systems
• Demonstrates significant variations in banking regulation across nations over time
• Finds a strong correlation between the strength of national institutions and the effectiveness of financial regulations
• Indicates that historical contexts profoundly influence modern regulatory frameworks