“Financial development and economic growth in South-East Europe –
a historical and comparative perspective”

10th Conference of the South-East European Monetary History Network (SEEMHN) in Vienna on October 1 and 2, 2015

The relationship between finance and growth is an evergreen in economic history, at least since the seminal work of Alexander Gerschenkron. In particular, the role of the financial sector for growth and development of backward countries has been in the focus of quantitative and qualitative research.

The purpose of the 10th Conference of the SEEMHN is to gather scholars working on the development of banks, central banks and financial markets as well as the economic development (e.g. growth and structural change) in Southeastern Europe to gain new, challenging and exciting insights into the interrelationships between the financial sector and the real economy.

The conference is organized jointly by the Oesterreichische Nationalbank and the University of Vienna, Institute for Economic and Social History. The conference will take place at the Oesterreichische Nationalbank, Vienna, on October 1 and 2, 2015.

Participants at the conference are invited to attend the workshop on “The central bank balance sheet in the (very) long run” on October 1 as well.

Further details see download.


  • Max-Stephan Schulze – Keynote lecture “Regional growth, regional inequality and access to markets: The Habsburg Empire in the late 19th century”

    Flora Macher – The Hungarian banking crisis 1931 – The importance of policy

    Matthias Morys – Any lessons for today? Exchange-rate stabilization in Greece and South-East Europe between European aspirations and economic reality, 1841–1939

    Nikolay Nenovsky – Shadowing the Latin Monetary Union: Interest rates and debts dynamics at the Balkans periphery