Emergence and development of a financial cluster: the evolution of Andorra’s banking deposits in the long-term, 1931-2007

Consultar RECERCAT

Para acceder a los documentos con el texto completo, por favor, siga el siguiente enlace: http://hdl.handle.net/2445/61268

Título:	Emergence and development of a financial cluster: the evolution of Andorra’s banking deposits in the long-term, 1931-2007
Autor/a:	Galabert Macià, Marc
Otros autores:	Universitat de Barcelona
Abstract:	This paper explores the origins of Andorra’s financial cluster. It shows that the free movement of currency, the protection of infant industry, and geographical concentration lie at the foundation of the cluster’s competitive advantage. Drawing on a new set of data, the paper also provides for the first time an estimate of the total deposits held by Andorra’s banks between 1931 and 2007. Based on this new information, the paper reaches the conclusion that the development of the cluster went through four distinct phases in which large companies, acting as leaders, played an important role in enhancing the cluster’s business capabilities.
Materia(s):	-Mercat financer -Lliure comerç -Política monetària -Bancs -Societats -Andorra -Financial market -Free trade -Monetary policy -Banks -Corporations -Andorra
Derechos:	cc-by-nc-nd, (c) Galabert, 2014 http://creativecommons.org/licenses/by-nc-nd/3.0/
Tipo de documento:	Documento de trabajo
Editor:	Universitat de Barcelona. Facultat d'Economia i Empresa
Compartir:

Coordinación

Patrocinio