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Developments in the Financial System, 1958–73

In: The Secondary Banking Crisis, 1973–75

Author

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  • Margaret Reid

Abstract

In retrospect, the crisis in December 1973 can be seen as the culmination of a fifteen-year period of rapid change in the City of London’s banking and financial mechanisms. In 1958 new influences, partly political and partly economic, began to make for an environment which was more hospitable than before to new money enterprises.

Suggested Citation

  • Margaret Reid, 1982. "Developments in the Financial System, 1958–73," Palgrave Macmillan Books, in: The Secondary Banking Crisis, 1973–75, chapter 3, pages 23-33, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05286-8_3
    DOI: 10.1007/978-1-349-05286-8_3
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