Finance, Intermediaries, and Economic Development

This volume examines financial economic intermediation in Europe, Canada, and the United States since the seventeenth century.

Stanley L. Engerman (Edited by), Philip T. Hoffman (Edited by), Jean-Laurent Rosenthal (Edited by), Kenneth L. Sokoloff (Edited by)

9780521820547, Cambridge University Press

Hardback, published 14 July 2003

362 pages
23.6 x 16 x 2.6 cm, 0.625 kg

Review of the hardback: 'This is a book which economic and business historians can read with both pleasure and profit.' Enterprise and Society

This volume includes ten essays dealing with financial and other forms of economic intermediation in Europe, Canada, and the United States since the seventeenth century. Each relates the development of institutions to economic change and describes their evolution over time, as well as discussing several different forms of intermediation, and deals with significant economic and historical issues.

List of contributors
Preface
Introduction
Part I. Financial Intermediaries in Europe: 1. Markets and institutions in the rise of London as a financial center in the seventeenth century Larry Neal and Steven Quinn
2. The Paris bourse, 1724–1814: experiments in microstructure Eugene N. White
3. No exit: notarial bankruptcies and the evolution of financial intermediation in nineteenth century Paris Philip T. Hoffman, Giles Postel-Vinay, and Jean-Laurent Rosenthal
Part II. Financial Intermediaries in the Americas: 4. The mortgage market in Upper Canada: window on a pioneer economy Angela Redish
5. Integration of US capital markets: southern stock markets and the case of New Orleans, 1871–1913 John B. Legler and Richard Sylla
6. The transition from building and loan to savings and loan, 1890–1940 Kenneth A. Snowden
Part III. Other Forms of Intermediation: 7. Intermediaries in the US market for Technology, 1870–1920 Naomi R. Lamoreaux and Kenneth L. Sokoloff
8. Beyond Chinatown: overseas Chinese intermediaries on the multiethnic North-American Pacific coast in the age of financial capital Diane Newell
9. Finance and capital accumulation in a planned economy: the agricultural surplus hypothesis and Soviet economic development, 1928–39 Robert C. Allen
10. Was adherence to the gold standard a 'good housekeeping seal of approval' during the interwar period? Michael Bordo, Michael Edelstein, and Hugh Rockoff
Afterword: about Lance Davis
Index.

Subject Areas: Economic history [KCZ], International finance [KCLF], Economics [KC]