Call for Papers, Conference “The Challenges of International Banking Regulation and Supervision after 1945,” 16-17 January 2014

Published on: Author: guwebteam

Jointly organised by the European Association for Banking and Financial History (EABH) e.V. www.eabh.info and the ERSC-funded project ‘The Development of International Financial Regulation and Supervision (1961-1982)’, University of Glasgow www.bank-reg.co.uk 16-17 January 2014 – Frankfurt am Main, Germany Financial regulation and supervision has gained prominence in the public debate over the past few years. The… Continue reading →

PhD Student Graduates from M.Sc. Global Economy

Published on: Author: guwebteam

On 28 November 2012, PhD student, Gillian Gallardo, graduated from the University of Glasgow with a M.Sc. in Global Economy as part of the ESRC 1+3. The studentship is tied to the ESRC project ‘The Development of International Financial Regulation and Supervision 1961-1982’. Gillian’s M.Sc. dissertation used previously unexplored IMF archival documents to investigate IMF and… Continue reading →

Publication of Emmanuel Mourlon-Druol’s book: A Europe Made of Money

Published on: Author: guwebteam

A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving… Continue reading →

How Have Multiple Reserve Currencies Functioned in the Past?

Published on: Author: guwebteam

In the 1950s the sterling area (35 countries and colonies pegged to sterling and holding primarily sterling reserves) accounted for half of world trade and sterling accounted for over half of world foreign exchange reserves. In the early post-war years, this share was even higher – the IMF estimated that official sterling reserves, excluding those… Continue reading →

80th Anniversary of the End of the Gold Standard

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The 1930s Chatham House Study Group on ‘The International Gold Problem’ and the 2011 Chatham House Taskforce on ‘Gold and the International Monetary System’ The economic context of the 1930s Chatham House Study Group was in many ways very different from the modern-day Chatham House Taskforce, of which I am a member, but the focus… Continue reading →

The regulation of international financial markets from the 1950s to the 1990s

Published on: Author: guwebteam

After 1945, the regulation of international financial markets became more intense and widespread as part of the system designed to avoid the chaos that had characterised international economic relations in the 1930s. This paper examines how the post-war consensus about the usefulness of regulating capital flows evolved after the advent of current account convertibility in… Continue reading →

The re-emergence of Hong Kong as and international financial centre 1960-78: contested internationalisation

Published on: Author: guwebteam

Hong Kong is usually seen as a laissez-faire paradise for international business. This chapter draws on archival sources to show that, contrary to this image, the internationalisation of the banking sector was highly contested both by large local banks and by government regulators. Large banks such as HSBC and Chartered Bank sought to protect their… Continue reading →