{"product_id":"evolving-financial-markets-and-international-capital-flows-britain-the-americas-and-australia-1865-1914-paperback-9780521166089","title":"Evolving Financial Markets and International Capital Flows; Britain, the Americas, and Australia, 1865–1914 (Paperback) 9780521166089","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eEvolving Financial Markets and International Capital Flows\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eBritain, the Americas, and Australia, 1865–1914\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis study examines the impact of British capital flows on the evolution of capital markets in four countries.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eLance E. Davis (Author), Robert E. Gallman (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521166089, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 2 June 2011\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e996 pages\u003cbr\u003e22.9 x 15.2 x 5.7 cm, 1.43 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003eReview of the hardback: 'The book is an explicit attempt at drawing out lessons from historical experience. It is hugely successful in doing that. It is a powerful demonstration that the lessons are there.' Forrest Capie, City University Business School, London\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis study examines the impact of British capital flows on the evolution of capital markets in four countries - Argentina, Australia, Canada, and the United States - over the years 1870 to 1914. In substantive chapters on each country it offers parallel histories of the evolution of their financial infrastructures - commercial banks, non-bank intermediaries, primary security markets, formal secondary security markets, and the institutions that provide the international financial links connecting the frontier country with the British capital market. At one level, the work constitutes a quantitative history of the development of the capital markets of five countries in the late nineteenth century. At a second level, it provides the basis for a useable taxonomy for the study of institutional invention and innovation. At a third, it suggests some lessons from the past about modern policy issues.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Institutional invention and innovation: foreign capital transfers and the evolution of the domestic capital markets in four frontier countries: Argentina, Australia, Canada, and the United States of America, 1865–1914\u003cbr\u003e 2. The United Kingdom\u003cbr\u003e 3. International capital movements, domestic capital markets, and American economic growth, 1865–1914\u003cbr\u003e 4. Domestic savings, international capital flows, and the evolution of domestic capital markets: the Canadian experience\u003cbr\u003e 5. Domestic saving, international capital flows, and the evolution of domestic capital markets: the Australian experience\u003cbr\u003e 6. Argentine savings, investment, and economic growth before World War I\u003cbr\u003e 7. Lessons from the past: international financial flows and the evolution of capital markets, Britain and Argentina, Australia, Canada, and the United States before World War I\u003cbr\u003e 8. Skipping ahead: the evolution of the world's finance markets 1914–90: a brief sketch\u003cbr\u003e 9. Lessons from the past\/bibliography.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Development economics \u0026amp; emerging economies [\u003ca title=\"See our other books on Development economics \u0026amp; emerging economies\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Development%20economics%20\u0026amp;%20emerging%20economies%20%5BKCM%5D%22\"\u003eKCM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46005205238040,"sku":"9780521166089","price":49.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521166089i_724221a2-645d-47ac-8d04-bcffaf0e0f84.jpg?v=1691372851","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/evolving-financial-markets-and-international-capital-flows-britain-the-americas-and-australia-1865-1914-paperback-9780521166089","provider":"Freshly Printed Books","version":"1.0","type":"link"}