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This article describes how the Trade Facilities Act (TFA) and the liquidation of certain government-owned assets spurred the industrial intervention of the Bank of England in the 1920s. What emerges is a much greater role of the Treasury in the Bank of England's industrial intervention than has...
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Although it is little known at least among economists, central banks in industrial countries became involved with industry in the past and particularly after the First World War. This was at least the case in Italy and Britain where central banks provided long-term finance to ailing firms and...
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This article offers an account of European cartelisation in the rayon industry, with a particular emphasis on the inter-war period. It adds to the debate about the role of European cartels in the multinationalisation of European big business. While showing that cartelisation went hand in hand...
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