The origins of the (cooperative) species: Raiffeisen banking in the Netherlands, 1898–1909 1
| Autor: | Christopher L. Colvin, John D. Turner, Stuart Henderson |
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| Rok vydání: | 2020 |
| Předmět: |
History
060106 history of social sciences business.industry 05 social sciences Economics Econometrics and Finance (miscellaneous) Financial market 06 humanities and the arts Economic advantage Market economy Agriculture 0502 economics and business Economics 0601 history and archaeology 050207 economics business |
| Zdroj: | European Review of Economic History. 24:749-782 |
| ISSN: | 1474-0044 1361-4916 |
| DOI: | 10.1093/ereh/hez018 |
| Popis: | Cooperatively owned Raiffeisen banks first emerged in the Netherlands in the late 1890s and spread rapidly across the country. Using a new dataset, we investigate the determinants of their market entry and early performance. We find the cooperative organisational form, when allied to a change in the structure of Dutch agriculture and the socioreligious pillarisation of Dutch society, was an important factor explaining their entry into rural financial markets. While religious organisations provided a necessary impetus for the emergence of Raiffeisen banks, the economic advantages associated with cooperative enterprises ensured the subsequent survival and success of these banks.“We will now discuss in a little more detail the Struggle for Existence.”From Charles Darwin, The Origins of the Species (1859) |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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