L’Invention d’un Système Monétaire National: Banques d’Émission, Supervision Bancaire et Développement Financier en Belgique 1822-1872 (The Invention of a National Monetary System: Banks of Issue, Banking Supervision, and Financial Development in Belgium 1822-1872)

L’Invention d’un Système Monétaire National: Banques d’Émission, Supervision Bancaire et Développement Financier en Belgique 1822-1872 (The Invention of a National Monetary System: Banks of Issue, Banking Supervision, and Financial Development in Belgium 1822-1872)

L’Invention d’un Système Monétaire National: Banques d’Émission, Supervision Bancaire et Développement Financier en Belgique 1822-1872 (The Invention of a National Monetary System: Banks of Issue, Banking Supervision, and Financial Development in Belgium 1822-1872)

In most 19th-century centralized states, national monetary unification has been attained thanks to the creation of provincial branch networks by banks of issue. Through a case study on Belgium, this paper investigates the causes and consequences of this phenomenon, as well as its operational implications.

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