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Informationen zum Autor Indrajit Mallick is a Fellow in Economics at the Centre for Studies in Social Sciences, Kolkata. He completed his MA in Economics from Boston University with specialization in Money, Banking and Finance, and Development Economics. He holds a PhD in Economics from Jadavpur University on banking theory and policy. His areas of interest include financial history of less developed countries, economic analysis of law and macroeconomics. Klappentext Financial Intermediation in a Less Developed Economy: The History of the United Bank of India is an institutional narrative of a bank in a developing economy, a representative case study that brings out the essential two-way relationship between finance and economic development. The book highlights that to understand financial intermediation, western theoretical models need to be complemented with institutional narratives of banking in developing economies, given the latter`s specific foci. Thus, the authors choose a bank with significant history in a less developed economy and analyze over 50 years of the bank`s balance sheet data. They trace the bank`s growth in terms of the transaction costs in managing risk, return and liquidity. The discourse also includes important case studies of borrowers after nationalization, a thorough analysis of financial intermediary organization and financial structure, reviews of certain banking policies and suggestion of a methodology to understand the financial history of less developed economies. This book will be of immense interest to policy makers, researchers and students working in the fields of economics of banking, financial history and development economics. The authors have done an excellent job…. The book is certainly a valuable addition to the literature on banking and timely. Zusammenfassung Defines the financial intermediary organization and relates it to the process of economic development. This title argues that the conventional models of banking constructed for developed countries need to be complemented by institutional narratives of banking that focus on minimization of the transaction costs of finance and organization. Inhaltsverzeichnis Introduction The Roots Banking Crisis and the Merger Post-Merger Developments (1950-1969) Nationalization and the Organizational Challenge The Years of Development Banking The Crisis Years (1985-2000) The Recovery and Beyond Conclusion ...
