| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15400 |
| DP15400 Not an ordinary bank but a great engine of state: the bank of England and the British economy, 1694-1844 | |
| Patrick O'Brien; Nuno Palma | |
| 发表日期 | 2022-07-04 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | From its foundation as a private corporation in 1694 the Bank of England extended large amounts of credit to support the British private economy and to support an increasingly centralized British state. The Bank helped the British state reach a position of geopolitical and economic hegemony in the international economic order. In this paper we deploy recalibrated financial data to analyse an evolving trajectory of connexions between the British economy, the state, and the Bank of England. We show how these connections contributed to form an effective and efficient fiscal-naval state and promoted the development of a system of financial intermediation for the economy. This symbiotic relationship became stronger after 1793. The evidence that we consider here shows that although the Bank was nominally a private institution and profits were paid to its shareholders, it was playing a public role well before Bagehot’s doctrine. |
| 主题 | Economic History ; Macroeconomics and Growth ; Monetary Economics and Fluctuations ; Public Economics |
| 关键词 | Bank of england State-building institutions National defence |
| URL | https://cepr.org/publications/dp15400-1 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546518 |
| 推荐引用方式 GB/T 7714 | Patrick O'Brien,Nuno Palma. DP15400 Not an ordinary bank but a great engine of state: the bank of England and the British economy, 1694-1844. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Patrick O'Brien]的文章 |
| [Nuno Palma]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Patrick O'Brien]的文章 |
| [Nuno Palma]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Patrick O'Brien]的文章 |
| [Nuno Palma]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
