Open AccessThe rise of European development banking
Author(s) -
Todd Tucker
Publication year - 2022
Publication title -
finance and society
Language(s) - English
Resource type - Journals
ISSN - 2059-5999
DOI - 10.2218/finsoc.7130
Subject(s) - expansive , euros , european union , treasure , political science , economic history , business , international trade , economics , history , art , humanities , archaeology , materials science , compressive strength , composite material
Hidden in plain sight, courtesy of new and rebooted national development banks (NDBs), a robust and expansive suite of industrial policy practices has emerged across Europe. In The Reinvention of Development Banking in the European Union, editors Daniel Mertens, Matthias Thiemann, and Peter Volberding treat readers to a treasure trove of 12 chapters studying 27 NDBs with a combined balance sheet of 1.53 trillion euros, or about 4.6 percent of the total European banking system.