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Banking on Privilege: The Politics of Spanish Financial Reform
 
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Banking on Privilege: The Politics of Spanish Financial Reform [Hardcover]

Sofia A. Perez (Author)
4.7 out of 5 stars  See all reviews (3 customer reviews)


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Book Description

November 1997
"This is a remarkable book, engrossing and exceptionally well organized. The argument is clear, elegant, and subtle. My guess is that Banking on Privilege will quickly earn a place as one of the standards of comparative political economy."--Peter McDonough, Arizona State University "This wonderfully researched study of the mutual accommodation between private and central bankers in Spain offers a compelling alternative to state and market-driven conceptions of financial regulation and reform. The author's careful theoretical crafting and mastery of historical detail assures this book a place beside the works by Zysman, Loriaux, Woo, and a few others on a narrow shelf of essential texts about the comparative political economy of financial systems. No serious observer of financial and monetary reform in Europe can afford to ignore this impressive book."--Mauro F. Guillen, The Wharton School, University of Pennsylvania

"This is a thoroughly researched and meticulously argued piece of scholarship that contributes much substance to our knowledge of finance and financial reform in other countries and brings many provocative ideas to theoretical debate."--Michael Loriaux, Northwestern University


Product Details

  • Hardcover: 208 pages
  • Publisher: Cornell Univ Pr (November 1997)
  • Language: English
  • ISBN-10: 0801433231
  • ISBN-13: 978-0801433238
  • Product Dimensions: 9 x 6.2 x 0.9 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #3,760,331 in Books (See Top 100 in Books)

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Customer Reviews

3 Reviews
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Average Customer Review
4.7 out of 5 stars (3 customer reviews)
 
 
 
 
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1 of 1 people found the following review helpful:
5.0 out of 5 stars An outstanding book about economic and political power, May 26, 1999
By A Customer
This review is from: Banking on Privilege: The Politics of Spanish Financial Reform (Hardcover)
This amazing book focuses on the relationship between the economic power of Spain's largest financial institutions and the political power of successive Spanish governments. It gives an excellent view of how economic power manages to control the three legal powers of the State in modern European democracies. Definitively a must read!!
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4.0 out of 5 stars A different perspective on the Spanish transition, April 5, 2004
By A Customer
This review is from: Banking on Privilege: The Politics of Spanish Financial Reform (Hardcover)
This books is excellent if you want to understand what really happened during the Spanish transition to democracy. It shows how large Spanish banks came to dominate the Spanish economy and how they retained their power even as the political system changed dramatically (first with the civil war, then with the transition of the 70s). It is the only account that I have read about Spain that delves into the real centers of power during that period. My only qualm is that the writing is a bit academic, and some of it requires fairly good knowledge of economic theory.
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5.0 out of 5 stars The best book on the politics of Spanish banking, October 26, 1997
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This review is from: Banking on Privilege: The Politics of Spanish Financial Reform (Hardcover)
This book is a great example of social-science research on the politics of financial reform. Although focused on the Spanish banking sector, it makes comparisons with other European countries, especially France. Easily one of the best political analyses of the power of private banks in emerging economies. Highly recommended for those interested in understanding the forthcoming European Economic and Monetary Union of 1999.
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