What are the effects of political instability on the banking sector?

In this episode, Juan Flores Zendejas (Geneva) and Carmen Hofmann (eabh) explore the impact of political instability on the banking sector, focusing on Mexico in the 1920s—a decade ravaged by civil unrest and political violence. How did banks and their customers respond during times of armed conflict? What were the lasting effects of this turbulence on the financial landscape? Tune in for a deep dive into the fascinating history of banking in Latin America during one of its most tumultuous periods.

In this episode, we explore how hyperinflation in emerging markets devastates economic stability, causing extreme price hikes, undermining savings, and creating uncertainty that stifles growth and investment. Following the end of the Great Moderation, Moritz Kraemer (LBBW & SOAS) and Carmen Hofmann (eabh) delve into whether the world has improved in managing hyperinflation episodes in these markets. Tune in to hear their insights and analysis.

🎙️ Step into the world of economic impact and war in our latest podcast episode! Join Willi Mutschler (Tuebingen) & Carmen Hofmann (eabh) as they delve into the profound findings of a recent study by the Kiel Institute for the World Economy. Explore the reasons behind nations going to war, the costs involved, and the role of monetary policy in mitigating these impacts. Get ready to uncover why we should all be prepared to be neighbors of war sites! Don't miss out on this insightful discussion. #eabhPodcast #FinancialHistory 🎧

Join Charles Goodhart, former Bank of England official, and Hugo Bänziger, chairman of eabh in a captivating discussion on the end of the Great Moderation. Dive deep into geopolitics, China's ascent, demographics, and debt markets through the expert financial history lens they provide.

Curious about the impact of rising interest rates on debt markets? Wondering who will step up to purchase long-term debt? Concerned about managing debt levels exceeding 100%? Is the threat of hyperinflation real? Could following in Argentina's footsteps lead us to the fiscal reform essential for the future?

Take a step back and embrace a long-term perspective with these esteemed financial experts. Explore the complexities of the financial landscape and gain valuable insights into the way forward. Don't miss out on this enlightening discussion! #eabh

Join Mariusz Lukasiewicz (Leipzig) and Carmen Hofmann (eabh) as they delve into the history of the Johannesburg Stock Exchange, a mirror reflecting the broader history of South Africa. Discover the captivating story of industrialization, internationalization, and financialization through the eras of Empire and independence. This tale of financing gold, diamond, and copper mining in the past offers valuable insights into the current state of South African mining finance.

Why do banks fail? What are the characteristics of banks that fail? Are these consistently the same over the course of history? Emil Verner (MIT) says yes, there are some commonalities all US banks that failed in the last 160 years share; moreover he claims that bank failures are quite predictable. Why then don't we prevent most bank failures? Or shouldn't we after all?

Emil Verner (MIT) in conversation with Carmen Hofmann (eabh)

The conversation draws on a paper jointly written with Sergio Correia (Federal Reserve System) and Stephan Luck (Federal Reserve Bank of New York).

How to regulate banks effectively?

Alexander Nützenadel (Humboldt University Berlin) makes a case for banking regulation being a cyclical affair. He and his colleagues started out to do the first quantitative analysis of banking supervision in the 20th century. Alexander and Carmen Hofmann (eabh) discuss his findings during what he calls the longest regulatory cycle in history (1930 -1970).

Are there lessons to be learned for today's regulators ? For instance how to deal with algorithmic trading or passive asset management?

Tune in to be informed!

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In this episode Maylis Avaro (Penn University) and Carmen Hofmann (eabh) discuss the international role of Sterling during the Bretton Woods era. Maylis claims that after 1945, the collective interests of the members of the sterling zone (stability of trade, free flow of capital, freer trade, access to London markets) were little compared to the cost of having UK authorities using the currency as a means of political domination.

Tune in and listen to a fascinating story of currency, empire & independence!

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Volker Berghahn (Columbia) & Carmen Hofmann (eabh) talk about European reconstruction after World War I, World War II and the Ukrainian War of today. Why was the reconstruction effort after 1945 so much more successful than the endeavours in the interwar years?

How should global aid be given? Does private or public money serve the matter better? Which should come first? Loans or grants? Do we need peace to rebuild? Who should guarantee for the money given? Who will profit? Volker and Carmen discuss these questions and try to look closely at the roadmap history could provide for Ukrainian reconstruction in the future.

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A practitioner's perspective with Edgar Walk (Metzler Bank) and Carmen Hofmann (eabh).

How can history insight help to bridge the gap between mathematical economic theory models and the 'real world of finance'? Edgar shares his insights from more than 20 years at one of the world's oldest private banks. How can history serve as a framework to identify financial and political cycles? How can it help to build a framework to see risks clearly and take sound long-term investment decisions? Listen up to get financial history insight!

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