The German Financial System and the Financial and Economic Crisis

• Main Authors: Detzer, Daniel (Author), Dodig, Nina (Author), Evans, Trevor (Author), Hein, Eckhard (Author), Herr, Hansjörg (Author), Prante, Franz Josef (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Series: Financial and Monetary Policy Studies, 45
• Subjects: Banks and banking.; Capital market.; Finance > History.; Macroeconomics.; Economic history.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Banking.; Capital Markets.; Financial History.; Economy-wide Country Studies.

This book provides an up-to-date overview of the development of the German financial system, with a particular focus on financialization and the financial crisis, topics that have increasingly gained attention since the crisis and the discussion on the secular stagnation started. The authors of the...

Table of Contents:

• Introduction
• The Historical Development of the German Financial System
• The Growth of Finance and its Role since the 1980s – a Quantitative Overview
• The Institutional Structure of the German Financial System
• Germany’s Integration into International and European Financial Markets
• Regulation of the German Financial System
• The Nature and Degree of Competition
• Profitability of the Financial Sector and Sub-Sectors
• Efficiency of the Financial Sector
• Sources of Funds for Business Investments: Non-Financial Corporate Sector and Small and Medium-Sized Enterprises (SMEs)
• The Involvement of the Financial Sector in the Restructuring of the Economy
• Privatisation and Nationalisation Policies and the Financial Sector
• The Financial Sector and Private Households
• The Real Estate Sector and its Relation to the Financial Sector
• Financialization and Income Distribution
• Crisis and Macroeconomic Policies
• Final Conclusions.