Beschreibung
The book provides an up-to-date overview of the development of the German financial system with a particular focus on financialisation and the financial crisis, topics that have gained attention since the financial crisis and since the discussion on the secular stagnation has started, in particular. The authors of the book - economist that have done extensive research on these topics - take a view on the financial system in the context of its importance for the overall economic system. The book, therefore, does not only provide detailed information on the German financial system; it takes a broader perspective on finance and connects it with the macroeconomic developments in Germany, a link that is often missing in available literature on the topic.