This paper analyses the causes of banking crises by the way of a historical comparative casestudy. Moreover, the analysis draws on theories elaborated by the economist Hyman Minsky. The evidence presented suggests that the fundamental causes of the compared crises are found in the macroeconomic...

This essay provides an institutional approach to the analysis of the Norwegian state's effort to promote industrial development between 1950 and 1980. It explores the extent to which national financial systems influence the ability of governments to intervene in industrial policy. It also...