The private banks in fourth-century b.c. Athens: a reappraisal

1997 ◽  
Vol 47 (2) ◽  
pp. 396-422 ◽  
Author(s):  
Kirsty M. W. Shipton

This essay has two aims: to affirm the significance of private banking in fourthcentury B.C. Athens, and to propose a model of its role in the economy. Such a project is desirable because there has been a tendency since the publication of Finley's The Ancient Economy to minimalize the significance of banking in ancient Greece. Banking is seen as a ‘fringe activity’ largely carried out by such ‘outsiders’ as metics and ex-slaves.Consequently historians have frequently overlooked the value of banking as a tool for understanding the Greek economy.

2020 ◽  
Vol 37 (3-4) ◽  
pp. 213-236
Author(s):  
George Tridimas

AbstractThe substantive view of the ancient economy argues that social considerations and especially the quest for status featured prominently in ancient Greece. Paying for liturgies, the private finance of public expenditure by wealthy individuals, offered the opportunity to acquire status by choosing the level of contributions to outperform rival providers. Effectively, liturgies were a system of finance of public provision through redistributive taxation sidestepping state administration of taxes and expenditures. Applying the insights of the economic approach to status, the paper examines status competition in ancient Athens and compares paying for liturgies with a hypothetical system of explicit income taxation of the rich. It is concluded that status seeking increased aggregate provision of public goods. The results formalise important aspects of substantivism and illustrate the value of formal economic analysis in the investigation of the ancient Greek economy.


Author(s):  
Alain Bresson

This chapter describes the conceptual framework used by the book to study the economy of ancient Greece. It begins with a discussion of the debate between “primitivists,” represented by Karl Bücher, and “modernists,” represented by Eduard Meyer, over the nature of the ancient Greek economy. It considers Bücher's adherence to the so-called German Historical School of Political Economy and goes on to examine the views of Moses I. Finley and Max Weber regarding the ancient economy, Karl Polanyi's use of institutionalism as an approach to the study of the ancient economy, and the main assumptions of New Institutional Economics (NIE) with regard to the genesis and evolution of institutions. The chapter also analyzes the transaction costs theory and concludes with an assessment of criticisms against the classical economists' economic agent, the homo economicus, and the influence of constrained choices and limited rationality on economic performance.


2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Sakshi Sharma ◽  
Jashandeep Singh

The present study identified the sources of job stress among marketing executives working in private banking sector of Punjab. A self-administered questionnaire consisting of personal information and items related to respondents job stress was used to collect the data from 600 marketing executives. The factors having potential to produce job stress identified through factor analysis are lack of clarity and growth, work-life imbalance, work overload, lack of autonomy, unachievable targets, poor communication system and poor interpersonal relations. The detailed findings and managerial implications for private banks are discussed.


2018 ◽  
Vol 14 (3) ◽  
pp. 100
Author(s):  
Md Abu Saleh

Banking services play a key role in present competitive edge. Accordingly, service quality, satisfaction and performance have become an area of interest in such research field. An extensive review of literature revealed that very limited attention has been given to explore the borrower customers’ perspectives regarding the conventional public, private and specialised private banking. Therefore, this research strives to accommodate a developing perspective where conventional and non-conventional Islamic banks are operating and providing services to their customers. Data have been collected from 78 borrower customers to examine their perceived quality, satisfaction and performances of banks. The study revealed that service performance by the Islamic and conventional private banks were found well-organized in providing services and better than public banks. The study finally addressed the limitations and future research directions.


Axon ◽  
2019 ◽  
Author(s):  
Donatella Erdas ◽  
Anna Magnetto

In recent years the attention of modern scholars to ancient Greek economy has received impetus from a series of newly published documents of undisputed significance. The results have been a deeply renewed examination of consolidated theoretical positions, and a detailed analysis of specific aspects of the economic life of the polis. Within this framework the GEI project aims at providing an online collection of epigraphic documents related to the economy of ancient Greece. Some of these documents, already known or newly discovered, have never been collected in a selection of this kind. The project covers a period from the archaic age to 1st century BC. The selected texts are representative of the different areas of ancient Greek economy, and are marked-up using the EpiDoc encoding conventions. For each document all technical information has been provided along with existing critical editions, bibliography, a critical apparatus, an English translation and a commentary.


Author(s):  
Olympia Bobou

Children’s representations appear early in the Greek visual material culture: first they appear in the large funerary vases of the geometric period, while in the archaic period they appear in funerary reliefs and vases. To the representations in vase painting, those in terracotta statuettes can be added in the fifth century, but it is in the fourth century bc that children become a noteworthy subject of representation, appearing both in small- and large-scale objects in different media. This chapter considers the relationship between changing imagery of children in ancient Greece and social and religious developments from the geometric period, through the Hellenistic period and into the Roman period in Greece.


2018 ◽  
Vol 20 (3) ◽  
pp. 390-409 ◽  
Author(s):  
Ishac Diwan ◽  
Marc Schiffbauer

AbstractWhy do private banks lend preferentially to politically connected firms? Focusing on the case of Egypt during the later years of Mubarak's rule, we identified politically connected firms, and we documented, using the Orbis corporate data on large firms in Egypt, that they received a disproportionate amount of the loans going to the private sector during 2003–11. We then investigated the determinants of their borrowings, and we found evidence that connected firms were more attractive to banks both because they made larger profits, and because they were seen to be implicitly guaranteed by the state against failure. We also found evidence that non-connected firms had a lower demand for loans.


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