Save 50% on Print Books, eBooks & Journals in Medicine! Browse now >>

The Changing Geography of Banking and Finance

Editors: Alessandrini, Pietro, Fratianni, Michele, Zazzaro, Alberto (Eds.)

  • Sheds new light on the dynamics of banking in the electronic era, with surprising results of empirical research
  • Investigates the impact of bank consolidation, especially in regard to credit and capital for small and medium-sized businesses
  • Demonstrates that physical proximity to lending institutions remains important in regard to credit and capital for small and medium-sized businesses
  • Features an international scope, with coverage of America, Europe, and Asia
  • Includes the work of distinguished editors and contributors, who will promote the book at conferences and roundtable discussions
see more benefits

Buy this book

eBook $149.00
price for USA
  • ISBN 978-0-387-98078-2
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-0-387-98077-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $199.00
price for USA
  • ISBN 978-1-4419-4720-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Two contrasting trends have emerged from the intense integration and consolidation process that have swept the European and U.S. banking industry in the 1990s: the geographical diffusion of banking structures and instruments and the geographical concentration of banking power in a few financial centers within each country. The first trend has contributed to greatly reduce the operational distance that separates banks from their clientele. The second has increased the functional distance that separates the bank’s decision center from its operational branches.  The conflicting movements in operational and functional distances have left a mark on market structure, financial integration and regulation of the banking industry, and have induced a transformation in organizational structures, lending behavior and relationships between banks and firms. This book, not only surveys the great research effort that has been made recently on the geography of banking and finance, but also provides new insights and empirical evidence on how the geography of banking and finance has evolved and impacted its customers.

This is a timely and valuable volume that collects up-to-date empirical research on the geography of the banking industry and financial centers.

Allen N. Berger
H. Montague Osteen, Jr. Professor in Banking and Finance
Moore School of Business
University of South Carolina, USA

The geography of banking has changed dramatically in recent years, under the combined effect of new information technology, deregulation and international integration. This book assesses thoroughly what we know and what we don't know yet about this process and about its effects on the provision of credit to households and firms (especially small and medium ones). It is going to be a valuable reference on the evolution of the banking industry for years to come.

Marco Pagano
Professor of Economics
University of Naples Federico II, Italy

The subdiscipline concerned with the geography of banking is a relatively new one, and the research frontier is still largely unexplored. This book makes a timely and valuable contribution to opening up this territory; providing intriguing insight into how new information technologies, financial innovation, de- and re-regulation, and globalisation processes more generally, are reshaping not only the geographies of banking itself, but also the spatialities of credit provision, financial flows and monetary circulation. An essential read for financial economists, economic geographers and all those interested in the world of finance.

Ron Martin
Professor of Economic Geography
University of Cambridge, UK

About the authors

Pietro Alessandrini is Professor of Monetary Economics and European Monetary Policy at Università Politecncia delle Marche in Ancona, Italy. He is one of the founders of Rivista Italiana degli Economisti of the Società Italiana degli Economisti, of which he was Vice-President (1998-2001). He is on the Editorial Board of Economia Marche – Review of Regional Studies, Q.A. – La Questiona Agraria, Sviluppo Locale, and il Ponte. He is also President of the scientific committee of MIF-ISTAO. He has published on banking, financial systems, and international economics. See www.dea.unian.it/alessandrini/

Michele Fratiani is the CIBER Eminent Faculty Fellow at the Kelley School of Business, Indiana University, and Professor of Economics at the Università Politecnica delle Marche in Ancona, Italy. He is a Founding Editor of Open Economies Review (Springer) and is on the Editorial Board of the North-American Journal of Economics and Finance, Review of International Organizations (Springer), and Review of Economic Conditions in Italy. He is also a series editor of European and Transatlantic Studies (Springer). He has published on monetary economics, international finance, and monetary and financial history. See www.bus.indiana.edu/fratianni/

Alberto Zazzaro is Professor of Economics at Università Politecnica delle Marche, a Research Associate with Labis (Ancona, Italy), and CFEPSR (Portici, Itlay), the General Secretary of the Società Italiana deglie Economisti, and the Managing Editor of the Rivista Italiana degli Economisti. He has published on banking, corporate governance, industrial organization, theory of money, and economic growth. See www.dea.unian.it/zazzaro/

Table of contents (13 chapters)

  • The Changing Geography of Banking and Finance: The Main Issues

    Alessandrini, Pietro (et al.)

    Pages 1-11

  • Financial Innovation, Organizations, and Small Business Lending

    Udell, Gregory F.

    Pages 15-26

  • Does Distance Matter in Banking?

    Brevoort, Kenneth P. (et al.)

    Pages 27-56

  • Distance, Bank Organizational Structure, and Lending Decisions

    Cerqueiro, Geraldo (et al.)

    Pages 57-74

  • Geographical Organization of Banking Systems and Innovation Diffusion

    Alessandrini, Pietro (et al.)

    Pages 75-108

Buy this book

eBook $149.00
price for USA
  • ISBN 978-0-387-98078-2
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-0-387-98077-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $199.00
price for USA
  • ISBN 978-1-4419-4720-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
The Changing Geography of Banking and Finance
Editors
  • Pietro Alessandrini
  • Michele Fratianni
  • Alberto Zazzaro
Copyright
2009
Publisher
Springer US
Copyright Holder
Springer-Verlag US
eBook ISBN
978-0-387-98078-2
DOI
10.1007/978-0-387-98078-2
Hardcover ISBN
978-0-387-98077-5
Softcover ISBN
978-1-4419-4720-8
Edition Number
1
Number of Pages
XII, 300
Number of Illustrations and Tables
11 b/w illustrations, 7 illustrations in colour
Topics