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Books > History > History of specific subjects > Economic history
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International Capital Markets and American Economic Growth, 1820-1914 (Hardcover, New)
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International Capital Markets and American Economic Growth, 1820-1914 (Hardcover, New)
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Total price: R1,488
Discovery Miles: 14 880
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This work is a study of the capital transfers to the United States
in the 19th and 20th centuries and, for the latter decades of that
period, of the transfers from the United States to the rest of the
world, particularly Canada, the Caribbean, Mexico and Central and
South America. It provides a quantitative estimate of the level and
industrial composition of those transfers, and qualitative
descriptions of the sources and uses of those funds; and it
attempts to assess the role of those foreign transfers on the
economic development of the recipient economies. In the process, it
describes the evolution of the American domestic capital market.
Finally, the book explores the issue of domestic political response
to foreign investment, attempting to explain why, given the obvious
benefits of such investment, the political reaction was so negative
and so intense in Latin America and in the American West, but so
positive in Canada and the eastern United States.
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