The Invisible Hands of U.S. Commercial Banking Reform

1. Front Matter

   Pages i-ix

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2. Introduction

   • Margaret M. Polski

   Pages 1-11

3. Theoretical Foundations

   • Margaret M. Polski

   Pages 13-25

4. A Theory of Change and a Framework for Analysis

   • Margaret M. Polski

   Pages 27-40

5. Economic Change 1960–2000

   • Margaret M. Polski

   Pages 41-58

6. Institutional Change 1960–2000

   • Margaret M. Polski

   Pages 59-84

7. Explaining Commercial Banking Reform

   • Margaret M. Polski

   Pages 85-102

8. Epilogue The Future of U.S. Commercial Banking

   • Margaret M. Polski

   Pages 103-106

9. Back Matter

   Pages 107-121

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This book is a product of my commitment to developing both theory and practice in political economy. I first became interested in economic and institutional change in the commercial banking industry when I took a seminar on financial insti- tions led by Robert Glauber in the Kennedy School of Government at Harvard University in the spring of 1995. In my experience, Bob is one of a handful of teachers who has the verve to challenge and inspire both esoteric and practical inquiry: the seminar grappled with practical business and policy problems in a way that posed a significant challenge to existing theories. In addition to dem- strating the need to better integrate theory and practice, it provided a perspective and an approach that I continue to find useful in research, consulting, and teaching. Conducting the research for this study has taught me many things about banking, regulation, and policy making, and I am grateful to a very large number of people for their assistance. Bob Glauber continues to be generous in discussing the ch- lenges of change in the financial services industry.

• Banking Industry
• Reform
• banking

• Institute for Development Strategies, Indiana University, Bloomington, USA

  Margaret M. Polski

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