The origins of the (cooperative) species: Raiffeisen banking in the Netherlands, 1898–1909
AbstractCooperatively 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 associ... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2020 |
Reihe/Periodikum: | Colvin , C L , Henderson , S & Turner , J 2020 , ' The origins of the (cooperative) species: Raiffeisen banking in the Netherlands, 1898–1909 ' , European Review of Economic History , vol. 24 , no. 4 , 782 , pp. 749-782 . https://doi.org/10.1093/ereh/hez018 |
Schlagwörter: | Economics / Econometrics and Finance (miscellaneous) / History |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28771528 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://pure.qub.ac.uk/en/publications/49225e05-54c0-4860-9434-65a08646923e |
AbstractCooperatively 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)