The Leibniz Institute SAFE, the Institute for Banking and Financial History (IBF) and the European Association for Banking and Financial History (eabh) jointly organize and cordially invite you to attend a
Financial History Research Web Seminar: How Well Do States’ Banks Do?
Aldo Musacchio (Brandeis International Business School)
Daniel Díaz (Universidad de Cantabria)
Moderator: Reinhard H. Schmidt (Goethe University Frankfurt)
Development banks are seen as an important tool to solve market imperfections, alleviate capital scarcity and fund long term infrastructure projects. At the same time they are often criticised for supporting politically well connected industrialists and political regimes.
Despite this controversy and the relevance of these state banks in many countries, empirically studies are rare. Aldo, Daniel and their colleagues set out to fill this gap and will, for the first time share their research findings with a wider international audience.
They take a comparative look and discuss distinct market failures, how they were addressed by state owned banks and how they map into different policy tools that have been used by the banks.
REGISTRATION LINK (the registration is handled by eabh)