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The Development of International Banking in Asia (Hardcover, 1st ed. 2020)
Loot Price: R5,238
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The Development of International Banking in Asia (Hardcover, 1st ed. 2020)
Series: Studies in Economic History
Expected to ship within 12 - 17 working days
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To provide an understanding of financial globalization from a
historical point of view, this book sheds light on international
banking in Asia before World War II. International banking
facilitated the relationship between Asian economic development and
international financial centres. Focusing on the origins of a wide
variety of banks not just from Europe but beyond Europe, such as
the United States and Asia, particularly Japan and China, this book
comprehensively explores competition and collaboration among
international banks in Asia. It clarifies international banking's
role of integrating the global market and the impact on both ends
of the global economy-the international financial centres in the
developed world and the developing economies in Asia. Economic
development in Asia from the late nineteenth century to the 1930s
as a part of the globalizing economy mirrors Asia's current role as
the global economic-growth powerhouse. This book focuses on the two
key similarities between Asia's past and present: intra-Asian
relationships and the relationship between Asia and developed
economies, namely, Europe, the United States, and Japan. Getting
into the heart of the relationships, i.e., finance, this book
presents a sophisticated and realistic image of the tangled network
of international economic relations, distinguished from the
conventional image of a one-sided advantage or disadvantage among
involved nations.
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