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The Origins of International Banking in Asia - The Nineteenth and Twentieth Centuries (Hardcover)
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The Origins of International Banking in Asia - The Nineteenth and Twentieth Centuries (Hardcover)
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Without a means of crediting and debiting accounts worldwide and
the non-physical transfer of funds, the rapid global economic
integration of the late nineteenth and early twentieth centuries
would have been impossible. It is the globalization of the banking
system, much of which, particularly in Asia, had its roots in the
nineteenth century, that helped facilitate increased human
mobility, the exchange of commodities and manufactures, and the
simplified transfer of funds.
This volume examines the origins, growth, and business practices of
European banks in Asia, and the development of Asian (notably
Japanese and Hong Kong) banks, and their operations on an
international stage, and in doing so, provides important new detail
and analysis of economic globalization. It draws on the archival
documentation of main British, French, and Japanese banks involved
and provides analysis from a range of historical viewpoints,
including global banking strategy, monetary regimes, financial
markets, international trade, labor immigration, and the
development of communication tools.
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