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Financial Centres and International Capital Flows in the Nineteenth and Twentieth Centuries (Hardcover, New)
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Financial Centres and International Capital Flows in the Nineteenth and Twentieth Centuries (Hardcover, New)
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As interest in financial markets intensifies, stimulated by the
financial crisis of the early twenty-first century, this book aims
to enrich our understanding of the workings and history of
financial centres in the nineteenth and twentieth centuries, and
the determinants of their success and failure.
The book brings together leading authorities in the field to
examine the direction of international capital flows historically
in light of the nature of the banking system, market organization,
the regulatory framework, and contextual political and diplomatic
factors. Contributions discuss competition, collaboration,
withdrawal, and re-emergence of financial centres in Europe,
America, and Asia over the past two centuries.
Written from a historical perspective but taking full account of
recent studies in financial economics, the book, with contributions
from leading international scholars, provides new research and
approaches to a highly topical issue and sheds light on the recent
financial crisis and its aftermath.
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